SK Telecom reports 13.1% revenue growth in Q3 2026
South Korean telecommunications provider SK Telecom reached $3.35 billion in quarterly revenue as it shifts focus toward AI data center expansion.

South Korean telecommunications operator SK Telecom reported a 13.1% year-on-year increase in consolidated revenue for the third quarter of 2026, reaching 4.5 trillion won ($3.35 billion). The company disclosed the figures on November 4, reflecting growth amidst ongoing shifts in the regional telecom landscape.
Consolidated operating income for the period stood at 552.3 billion won ($412 million), with net income totaling 411.8 billion won ($307 million). The results indicate a continued focus on operational stability while the firm scales new business segments.
To capture demand in the artificial intelligence sector, the company has established two specialized units: SK Hyper and SK Horizon. SK Horizon is currently overseeing the development of 180 megawatts of data center capacity across Ulsan and Seoul, signaling a significant push into infrastructure supporting high-compute workloads.