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SK remains the second largest shareholder by holding on to the rest of Teletech's stock.
In 2006, the well-known "SKY" brand of mobile devices became fully owned by Pantech as it finalized its takeover of SK Teletech.
(Hangul: SK텔레콤 or 에스케이텔레콤) (full name: Sunkyoung Telecom) is a South Korean wireless telecommunications operator, it is part of the SK Group, one of the country's largest chaebols.
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Online services are offered through tech subsidiary SK Communications, which also dominates the social networks market in South Korea.
"Cyworld" is the largest social media site by membership and "Nate On" is the number one instant messaging client.
In 2004, SK Telecom launched "Hanbyul," the world’s first DMB satellite.
TU Media, SK Telecom's digital media arm, handles DMB TV broadcasts.
In March 2002, the carrier struck international roaming deals between countries using CDMA and GSM networks.
An agreement was signed with Israel's Pele-Phone in April to sell proprietary software that will operate on the carrier's existing CDMA network and future 1x-CDMA network.Founded on March 29, 1984 as Korea Mobile Telecommunications Services Corp., the state-owned carrier introduced pagers and car phones to the Korean market. Korea Mobile changed its name to Korea Mobile Telecommunications Corp. In July, AMPS cellular network was initially launched in Seoul metropolitan area. In April 1993, the South Korean government —through KMTC— adopted CDMA as the national cellular telephone system.Through privatization, SK Group became Korea Mobile Telecommunications Corp.'s largest shareholder in June 1994.In June 1998, SK Telink, the international call service division, started offering commercial overseas call service.In December 1998, SK Teletech launched its first handset.In April 1999, SK Telecom entered the Mongolian market by co-founding Skytel LLC with nearly 30 percent ownership stake.