SK Telecom has planned to increase its investment in the next-generation mobile technology, long-term evolution (LTE) and is expected to launch LTE as early as 2010. 

SK Telecom has planned to increase its investment in the next-generation mobile technology, long-term evolution (LTE) and is expected to launch LTE as early as 2010. 

SK Telecom is Korea’s leading telecommunications provider with more than 24 million subscribers, which accounts for more than 50% of the total market. Established in 1984, the company reached KRW 11.67 trillion in revenue in 2008. SK Telecom was the first to launch and commercialize CDMA, CDMA 2001x, CDMA EV-DO and HSDPA networks. It currently provides cellular, wireless internet, mobile media, global roaming service and more. Since its establishment in 1984, SK Telecom has grown into a major player in the global information communications industry.

As the first mobile operator to introduce HSPA+ in Korea, SK Telecom assures a leadership in mobile network technology and expects to take a superior position in commercialization of next-generation networks such as LTE or 4G in the future.

During a press conference last year by the CEO Man-Won Jung of SK Telecom, which is the largest mobile operator in South Korea, he confirmed that they are currently researching and evaluating LTE, and that he sees a commercial launch in 2013.