6-K
Sk Telecom Co Ltd (SKM)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF JUNE 2026
Commission File Number: 333-04906
SK Telecom Co., Ltd.
(Translation of registrant’s name into English)
65, Euljiro, Jung-gu
Seoul 04539, Korea
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Decision on Acquisition of Shares
On June 29, 2026, in order to facilitate synergies with its artificial intelligence (“AI”) business, the board of directors of SK Telecom Co., Ltd. (the “Company”) approved the Company’s proposed acquisition of an equity stake in SK hynix NAND Product Solutions Corp. (“SKHNPS”), an affiliate of the Company. Details of the proposed transaction are as follows:
Acquisition of Shares of SKHNPS
| 1. Details of SKHNPS | Company Name | SK hynix NAND Product Solutions Corp. | ||||||
|---|---|---|---|---|---|---|---|---|
| Country of Incorporation | United States | Representative | Hyunjong Song | |||||
| Share Capital (Won) | 2,615,339,333,208 | Relationship to the Company | Affiliated Company | |||||
| Total Number of Shares Issued and Outstanding | 101,875 | Principal Business | Sales and research and development of semiconductors, etc. | |||||
| 2. Details of Acquisition | Number of the Shares to be Acquired | 642 | ||||||
| Aggregate Acquisition Value (Won) | 397,129,047,957 | |||||||
| The Company’s Total Shareholders’ Equity (Won) | 12,955,292,392,172 | |||||||
| Ratio of Aggregate Acquisition Value to the Company’s Total Shareholders’ Equity as of December 31, 2025<br>(%) | 3.07 | |||||||
| Large-scale Corporation | Applicable | |||||||
| 3. Number of Shares to be Held by the Company and Shareholding Ratio after Acquisition | Number of Shares to be Held | 642 | ||||||
| Shareholding Ratio (%) | 0.62 | |||||||
| 4. Method of Acquisition | Cash | |||||||
| 5. Purpose of Acquisition | To facilitate synergies with the Company’s AI business | |||||||
| 6. Scheduled Acquisition Date | July 23, 2026 | |||||||
| 7. The Company’s Total Assets (Won) as of December 31, 2025 | 30,107,782,844,989 | |||||||
| •<br><br>Ratio of Aggregate Acquisition Value to the Company’s Total Assets (%) | 1.32 | |||||||
| 8. Date of Resolution by the Board of Directors (Determination Date) | June 29, 2026 | |||||||
| •<br><br>Attendance of Outside Directors | Present: 5; Absent: 0 | |||||||
| 9. Put Options or Other Agreements | None | |||||||
| 10. Other Important Matters Relating to Investment Decision | •<br><br>This announcement relates to the Company’s initial capital contribution to, and acquisition of certain new shares of, SKHNPS, pursuant to<br>SKHNPS’s request for capital contribution remittance.<br> <br><br><br>•<br><br>The share capital of SKHNPS set forth in Item 1 above, the aggregate acquisition value set forth in Item 2 above, and The “Summary Financial<br>Information of SKHNPS” below have been translated into Won using the opening base exchange rate of Won 1,544.2 per U.S. dollar as announced by Hana Bank on June 29, 2026, the date set forth in Item 8 above, and may change depending on<br>future exchange rate fluctuations.<br> <br><br><br>•<br><br>The date of the resolution by the board of directors (determination date) set forth in Item 8 above refers to the date on which the Company received<br>the notice of request for capital contribution remittance.<br> <br><br><br>•<br><br>The scheduled acquisition date and other matters set forth above with respect to the expected acquisition may change subject to future developments<br>related to the transaction. |
Related Disclosure: See the current report on Form 6-K entitled “Decision on Capital Contribution Commitment” furnished by the Company on June 26, 2026.
Summary Financial Information of SKHNPS (Unit: Won)
| As of and forthe year ended December 31, | Total<br><br><br>Assets | Total<br><br><br>Liabilities | Total<br><br><br>Shareholders’<br><br><br>Equity | Share<br><br><br>Capital | Revenue | Profit (Loss) | AuditOpinion | Auditor | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 7,696,665,349,059 | 8,605,511,192,517 | (908,845,843,458 | ) | 2,615,339,333,208 | 9,029,827,180,394 | 736,438,903,029 | — | — | |||||||||||||||
| 2024 | 6,511,904,286,349 | 8,280,402,281,138 | (1,768,497,994,789 | ) | 2,588,414,632,668 | 8,504,824,134,666 | (149,672,719,987 | ) | — | — | ||||||||||||||
| 2023 | 6,469,191,572,283 | 8,124,899,375,372 | (1,655,707,803,089 | ) | 2,568,296,270,040 | 3,946,471,687,339 | (3,580,553,339,352 | ) | — | — |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| SK TELECOM CO., LTD. | |
|---|---|
| (Registrant) | |
| By: | /s/ Taehee Kim |
| (Signature) | |
| Name: Taehee Kim | |
| Title: Vice President |
Date: June 30, 2026