SK Telecom stock: Q3 AI data-center revenue rises 6.2%

Company: SK Telecom
ISIN: US78440P3064
Ticker: SKM
Primary exchange: New York Stock Exchange
Lang &amp; Schwarz quote: 31.10 euros at 20:35 CET on November 13, 2026

Published on 11/13/2026 at 20:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SK Telecom stock is tied to expanding AI infrastructure after Q3 data-center revenue rose 6.2% year over year. The company targets 15 gigawatts by 2035.

AI infrastructure drives SK Telecom plans

SK Telecom recorded Q3 2026 AI data-center revenue of 126.1 billion Korean won, up 6.2% year over year.
The company targets 15 gigawatts of data-center capacity by 2035.
Its Ulsan AI data center is scheduled to start with 41 megawatts in November 2027.

SKM, US78440P3064, Illustration mit AI erstellt.

On Friday, November 13, 2026, GateNews, citing Yonhap Infomax, reported that SK Telecom generated 126.1 billion Korean won in AI data-center revenue in the third quarter of 2026. The figure was 6.2% higher than a year earlier.

AI infrastructure becomes a growth pillar

The report places SK Telecom among South Korea's major telecom operators expanding data-center capacity as demand for AI infrastructure grows. For SK Telecom, the expansion adds a capital-intensive growth avenue alongside its established telecommunications business.

The company aims to build 15 gigawatts of data-center capacity by 2035. Its Ulsan AI data-center project is scheduled to begin operations in November 2027 with 41 megawatts of capacity.