SK forecasts 2007 revenues up at KRW 11
trillionPublished: Monday 29 January 2007 | 02:11
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South Korean mobile operator SK Telecom has forecast 2007
revenues of KRW 11 trillion, up from KRW 10.6 trillion in 2006. Wireless
internet is expected to account for 29.5 percent of total revenues. Capital
expenditure this year is estimated at KRW 1.55 trillion, of which KRW 610
billion will go HSDPA investments. The operator aims to maintain a market share
over 50 percent this year. Shareholder returns for the year are expected to be
at a similar level to last year including a KRW 8,00 dividend and KRW 200
billion share buyback.