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SK Telecom Co. Ltd. Message Board

  • garden96797 garden96797 Aug 14, 2011 1:59 PM Flag

    ok i read mgt curent report about dividend

    They pay dividends once a year and plan to increase share holder value by repurchasing stock. They repurchased some stock back in 2010, and they just announced another buy back recently. Although sales for the first quarter exceeded last years first quarter sales it was still below forth quarter sales. In addition, the government forced some subscription price decreases in the telecom sector to help curb inflation that affected sales. However the buy back increased overall EBTIDA and cash flow that exceeded the forth quarter in 2010. Furthermore, subscriber base for smart phones are increasing rapidly as they roll out their 4G LTE network. Skm is the largest service provider with more than 50% of the market share.

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22.51Sep 1 4:02 PMEDT