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Sk Telecom (SKM/017670 KS) announces no decisions made on AI data centre strategic options

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SK Telecom clarified that no decision has been reached on a rumored Won 1 trillion KKR investment, despite ongoing reviews of strategic options for its 15GW AI data center expansion.

News detail

Full Statement: "On July 10, 2026, certain news outlets, including News Tomato, reported that Kohlberg Kravis Roberts & Co. is reviewing acquisition financing in connection with its potential equity investment in an artificial intelligence (“AI”) data center project being developed by SK Telecom Co., Ltd. (the “Company”), and that a capital increase of approximately Won 1 trillion is being contemplated. In response to such news reports, the Company hereby clarifies that, while it is reviewing various strategic options in connection with its AI data center business, no specific determinations or decisions have been made as of the date hereof."

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