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

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

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