SK Telecom to spin off SK Broadband data unit, raise KRW 3.08T

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SK Telecom Launches AI Data Center Infrastructure Company 'SK Horizon' and Secures Investments from KKR and IMM

August 27, 2026 6:02 AM EDT

-  SK Telecom further restructures its AI infrastructure business to enhance expertise, accelerate decision-making, and enable focused investment

  Plans to establish a new company 'SK Horizon' by spinning off SK Broadband's data center and submarine cable businesses
  KKR and the IMM Investment-Stonebridge consortium will each invest in SK Horizon, with their investments totaling KRW 3.08 trillion, providing funding for large-scale... More