Sk Telecom Co., Ltd. · KRX:017670
Sk Telecom — Investor Presentation (November 2007)
16 slides from Sk Telecom's investor presentation, November 2007
Slide 1: Investor Presentation
Investor Presentation November 2007
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
11:30 AM 11/2007 Table of Contents 1. Industry Overview 2. 2007 3Q Operating Results 3. Growth Strategy 4. SK Telecom’s Investment Assets 5. Commitment to Shareholders 2
Slide 4: Industry Overview
11:30 AM 11/2007 1. Industry Overview 2. 2007 3Q 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 Penetration Wireless Data Market Growth (000s, %) 87.5% 88.4% (USD mn) 83.2% 79.4% 75.9% 5,859 42,801 3 .0 % 67.9% 70.1% 40,197 :4 R 38,342 AG 4,890 36,586 y rC 33,
Slide 6: 2007 3Q Competitive Landscape
2007 3Q Competitive Landscape SK Telecom continues to demonstrate undisputed market leadership Market Share by Subscribers Revenue (000s, %) (KRW Bn) LGT 2,816 17.8% 7,612 SKT 50.5% 1,394 21,606 822 13,583 KTF 31.7% SKT KTF LGT Marketing Expense to Sales EBITDA (%) (KRW Bn) 27.7% 27.6% 1,011 25.2% 4
Slide 7: 2007 3Q Operating Results
11:30 AM 11/2007 1. Industry Overview 2. 2007 3Q Operating Results 3. Growth Strategy 4. SK Telecom’s Investment Assets 5. Commitment to Shareholders 6
Slide 8: 2007 3Q Results
2007 3Q Results Solid performance in 3Q 2007 3Q 2007 3Q 2007 2007 3Q 2006 2006 YoY 2Q 2007 2007 QoQ 2007E (Accum.) Accum.) (KRW Bn) Revenue 2,816 2,713 4% 2,843 -1% 8,370 11,300 Marketing expense to 25.2% 18.9% 6.3%p 24.7% 0.5%p 23.9% 24.0% revenue EBITDA 1,011 1,175 1,103 3,169 -14% -8% 4,000 (EBIT
Slide 9: Growth Strategy
11:30 AM 11/2007 1. Industry Overview 2. 2007 3Q Operating Results 3. Growth Strategy 4. SK Telecom’s Investment Assets 5. Commitment to Shareholders 8
Slide 10: Domestic Business
Domestic Business Focus on 3 areas to enhance competitiveness in WCDMA market - High call quality - Extensive handset line-ups - Convenient and innovative services WCDMA Network Device Service Phone-to-phone, web-to-phone, fixed-to- phone visual phone Image coloring, image message call Visual
Slide 11: Global Business
Global Business Focus on gaining competitiveness in invested markets Vietnam U.S. Significant growth potential in terms of penetration Launched MVNO service in May 2006 to target tech savvy - expect to reach 57.3%* by 2010 from 35% as of 1H 2007 young Americans with differentiated wireless data
Slide 12: SK Telecom's Investment Assets
11:30 AM 11/2007 1. Industry Overview 2. 2007 3Q Operating Results 3. Growth Strategy 4. SK Telecom’s Investment Assets 5. Commitment to Shareholders 11
Slide 13: 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 • IT outsourcing / consulting • Treasury Shares • Book value worth KRW 529bn • Market value worth • Market value worth (
Slide 14: Commitment to Shareholders
11:30 AM 11/2007 1. Industry Overview 2. 2007 3Q Operating Results 3. Growth Strategy 4. SK Telecom’s Investment Assets 5. Commitment to Shareholders 13
Slide 15: Improving Shareholder Value
Improving Shareholder Value SK Telecom is committed to enhancing shareholder value Special Dividends : Approx. KRW 300 Bn for 2004 Special Dividends : KRW 1,400 per share for 2007 Stock Buyback : KRW 200 Bn for 2006 Stock Buyback : KRW 100 Bn for 2007 40% KRW 8,000 KRW 8,000 35% 21% 25% 10% 2002 200
Slide 16: Thank You
SK telecom i SK enlecom THANK YOU De,