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SKT looks for expansion opportunities

17 Feb 2005

South Korean cellco SK Telecom has revealed that it is looking to eastern Europe to expand its operations in the face of slowing growth at home. It says that the former Soviet markets have high potential for growth although it has not named any specific targets.

Meanwhile the operator has announced plans to launch a limited nationwide launch of 3G networks using the European W-CDMA standard. The service will be rolled out in 23 cities including Busan, Gwangju and Incheon by the end of the year. Rival cellco KTF has also revealed plans to launch a similar service.

South Korea, SK Telecom (SKT)

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