Sk Telecom Co., Ltd. · KRX:017670
Sk Telecom — Investor Presentation (February 2008)
18 slides from Sk Telecom's investor presentation, February 2008
Slide 1: Investor Presentation
Investor Presentation February 2008
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by SK Telecom Co., Ltd. (“the Company”). This presentation is being presented solely for your information and is subject to change without notice. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accur
Slide 3: Table of Contents
Table of Contents 1. Industry Overview 2. 2007 Operating Results 3. Growth Strategy 4. SK Telecom’s Investment Assets 5. Commitment to Shareholders 2
Slide 4: 1. Industry Overview
1. Industry Overview 2. 2007 Operating Results 3. Growth Strategy 4. SK Telecom’s Investment Assets 5. Commitment to Shareholders 3
Slide 5: Overview of Korean Wireless Market
Overview of Korean Wireless Market Despite the maturing market, wireless data market continues to grow Mobile Telecommunications Market Trend Wireless Data Market Growth (000s, %) 89.8% (KRW Bn) 83.2% 79.4% 75.9% 43,498 70.1% 40,197 67.9% 38,342 % 3,887 36,586 29.0 3,685 R : 33,592 32,342 CAG 3,285
Slide 6: 2007 Competitive Landscape
2007 Competitive Landscape SK Telecom continues to demonstrate undisputed market leadership Market Share by Subscribers Revenue (000s, %) (KRW Bn) LGT 11,286 18.0% 7,809 5,572 * 3,249 * 21,968 13,721 SKT 50.5% KTF 31.5% SKT KTF LGT * Service revenue(Handset revenue excluded) Marketing Expense to Sal
Slide 7: 2. 2007 Operating Results
1. Industry Overview 2. 2007 Operating Results 3. Growth Strategy 4. SK Telecom’s Investment Assets 5. Commitment to Shareholders 6
Slide 8: 2007 Results
2007 Results Review of performance in 2007 2007 2006 YoY 4Q2007 3Q2007 QoQ (KRW Bn) Revenue 11,286 10,651 6% 2,916 2,816 4% Marketing expense to 25.3% 20.5% 4.7%p 29.3% 25.2% 4.0%p revenue EBITDA 4,024 4,232 855 1,011 -5% -15% (EBITDA Margin) (35.7%) (39.7%) (29.3%) (35.9%) Net income 1,642 1,447 14
Slide 9: 3. Growth Strategy
1. Industry Overview 2. 2007 Operating Results 3. Growth Strategy 4. SK Telecom’s Investment Assets 5. Commitment to Shareholders 8
Slide 10: WCDMA
WCDMA Enhancing competitiveness in WCDMA market through upgrades of network quality, extensive handset line-ups and innovative services Strengthen WCDMA competitiveness Network Cutting-edge network Device through reinforcement of handset quality/coverage achieved line-ups Nationwide HSUPA service -
Slide 11: Acquisition of Hanaro Telecom
Acquisition of Hanaro Telecom Solidify sustainable growth trajectory and create customer value in wired/wireless convergence environment Overview of Hanaro Telecom Expected Synergies • 2nd largest fixed line operator with 3.6mil. broadband and 2.0mil. • Reinforce product competitiveness through tele
Slide 12: Convergence & Internet
Convergence & Internet Strengthen wireless internet business and reinforce market competitiveness in music business, film industry, e-Commerce and online game business in 2008 ™ Movie distribution business in 2008 through investments € in motion-picture fund ie. and iHQ ™ Acquisition of category spe
Slide 13: Global Business
Global Business Established the basis for future growth in 2007, working to achieve concrete result in the coming years - Secure diverse business opportunities in markets such as China and US - Secure long-term growth platform in Vietnam U.S. China Vietnam Launched MVNO service in May Converted US$
Slide 14: 4. SK Telecom's Investment Assets
1. Industry Overview 2. 2007 Operating Results 3. Growth Strategy 4. SK Telecom’s Investment Assets 5. Commitment to Shareholders 13
Slide 15: SK Telecom's Investment Assets
SK Telecom’s Investment Assets Excellent portfolio of investment assets Major Subsidiaries Global Business Other Investment Treasury Shares • 30.0% stake • 6.6% stake • 2.8% stake • Treasury Shares (10.6%) • IT outsourcing / consulting • Market value worth • Market value worth • Book value worth KRW
Slide 16: 5. Commitment to Shareholders
1. Industry Overview 2. 2007 Operating Results 3. Growth Strategy 4. SK Telecom’s Investment Assets 5. Commitment to Shareholders 15
Slide 17: Improving Shareholder Value
Improving Shareholder Value SK Telecom is committed to enhancing shareholder value Special Dividends : Approx. KRW 300 Bn for 2004 Stock Buyback : KRW 200 Bn for 2006 Stock Buyback : KRW 100 Bn for 2007 Special Dividends : KRW 1,400 per share for 2007 35% 40% KRW 8,000 21% 25% 10% 2002 2003 2004 200
Slide 18: Thank You
THANK YOU np SK "elecoin