SK Telecom Reports 6.2% Increase in Q3 AI Data-Center Revenue

SK Telecom has reported a significant 6.2% increase in its AI data-center revenue for the third quarter of 2026, amounting to 126.1 billion Korean won. This growth reflects the company's strategic focus on expanding its AI infrastructure amidst rising demand.

The telecom giant is also planning a substantial expansion of its data-center capacity, targeting an ambitious 15 gigawatts by the year 2035. This initiative is expected to bolster SK Telecom's position as a key player in the rapidly evolving AI market.

In addition to the revenue growth, the company is set to launch its Ulsan AI data center, which will begin operations in November 2027 with an initial capacity of 41 megawatts. This project is part of their broader strategy to enhance AI capabilities and meet the increasing needs of businesses and consumers alike.

As the demand for AI infrastructure continues to rise, SK Telecom's investments in this sector are likely to provide a significant growth avenue, complementing its established telecommunications services. Investors and market analysts are keeping a close eye on SK Telecom's progress in this area, given its potential impact on future revenues.