Group items tagged

SK forecasts 2007 revenues up at KRW 11 trillionPublished: Monday 29 January 2007 | 02:11 PM CET Print | Comment | Mail 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.