SK Telecom Co., Ltd. (SKM) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, I am Jung Hae-Joon of SK Telecom. I will start the conference call for the 1st quarter of 2025. Today's conference call will briefly talk about the financial performance and business situation, and we will proceed in the order of Q&A. And I will tell you in advance that the content related to the future outlook can vary depending on the market, business environment, and various factors. Then, I will listen to Kim Yang-sub CFO. Good afternoon. I am Hee-Joon Jung, IRO of SK Telecom. Let us begin the earnings conference call for the first quarter of 2025. Today, we will first deliver a presentation on the financial and business highlights followed by a Q&A session. Please note that all forward-looking statements are subject to change depending on various factors such as market and management situations. Let me now present our CFO. Hello, I am SK Telecom CFO Kim Yang-Soo. Good afternoon. This is Yangseop Kim, CFO of SK Telecom. Good afternoon. Before I start the earnings presentation, I understand that there are great concerns among investors regarding the cybersecurity incident that happened last month. A joint public-private investigation team is currently looking into possible causes and scope of the incident, and SK Telecom is doing its utmost to protect our customers from any damage or loss related to the recent incident. At the moment of recognition of dementia, we have quarantined hacking equipment. The FDS, which is a non-normal certification blocking system, is operating at the highest level, and all SK Telecom customers who can now apply have been able to sign up for the U-SIN protection service. The FDS and U-SIN protection service's dual devices have the same effect as the U-SIN replacement. From Friday, the upgraded U-SIN protection service will be ap...