SK电信董事会批准出售新分拆数据中心子公司SK Horizon 37%股权予KKR及IMM，总交易额约3.08万亿韩元

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6-K
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d120053d6k.htm
FORM 6-K
Form 6-K
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 AUGUST 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 Disposal of Shares
On August 27, 2026, the board of directors of SK Telecom Co., Ltd. (the “Company”) approved the disposal of shares of SK
Horizon Co., Ltd. (“SK Horizon”), a subsidiary expected to be established through a
spin-off
of SK Broadband Co., Ltd. (“SK Broadband”), in order to secure investment funding for growth
businesses. Details of the proposed transaction are as follows:
Disposal of Shares of SK Horizon
1. Details of SK Horizon
Company Name
SK Horizon Co., Ltd. (tentative)
Country of Incorporation
Republic of Korea
Representative
Seong Soo Kim
Share Capital (Won)
331,082,990,000
Relationship to
the Company
Subsidiary
Total Number of Shares Issued and Outstanding
66,216,598
Principal
Business
Data center (including content delivery network services) and proprietary subsea cable-based international
leased line services
2. Details of Disposal
Number of the Shares to be Disposed
24,481,427
Aggregate Disposal Value (Won)
1,881,128,369,253
The Company’s Total Shareholders’ Equity (Won)
12,955,292,392,172
Ratio of Aggregate Disposal Value to the Company’s Total Shareholders’ Equity as of December 31, 2025
(%)
14.52
Large-scale Corporation
Applicable
3. Number of Shares to be Held by the Company and Shareholding Ratio after Disposal
Number of Shares to be Held
41,735,171
Shareholding Ratio (%)
63.03
4. Purpose of Disposal
To secure investment funding for growth businesses
5. Scheduled Disposal Date
March 4, 2027
6. Date of Resolution by the Board of Directors (Determination Date)
August 27, 2026
-   Attendance of Independent Directors
Present: 5; Absent: 0
7. Put Options or Other Agreements
None
8. Other Important Matters Relating to Investment Decision
-
This decision on disposal of shares relates to the
off-market
sale of a
portion of the shares of SK Horizon, which the Company expects to hold following the establishment of such company as a result of a related
spin-off
from SK Broadband, to QUANTUM ASIA HOLDINGS II PTE. LTD.
(“KKR”) and Korea Digital Infra Limited. (“IMM Consortium”) (the “Share Sale”).
-
Separately from the Share Sale, SK Horizon plans to issue new shares (15,617,069 common shares) to KKR and IMM
Consortium for approximately Won 1.20 trillion in sequence (the “Primary Share Subscription”). The foregoing expected number of shares to be issued and the expected proceeds of the issuance, as well as other terms of the Primary Share
Subscription remain subject to change. Separate disclosures will be made in accordance with the applicable laws and regulations with respect to SK Horizon’s issuance of new shares.
-
The aggregate transaction value of the Share Sale and the Primary Share Subscription is approximately Won 3.08
trillion, and upon completion of the contemplated Primary Share Subscription, the Company, KKR and IMM Consortium are expected to hold 51%, 29% and 20%, respectively, of the shares of SK Horizon. The foregoing transaction value, shareholding ratios
and other terms of these transactions remain subject to change.
2
-
The “Share Capital (Won)” set forth in Item 1 above is the share capital of SK Horizon, as set
forth in the
spin-off
plan of SK Broadband dated August 27, 2026 (based on figures as of March 31, 2026).
-
The “Company’s Total Shareholders’ Equity (Won)” set forth in Item 2 above is based on
the Company’s consolidated financial statements as of December 31, 2025.
-
The “Shareholding Ratio (%)” in Item 3 above is calculated based on the number of shares held by
the Company upon the establishment of the issuer, reflecting the changes resulting from the share purchase and sale contemplated herein.
-
The “Scheduled Disposal Date” set forth in Item 5 above represents our current expectations for the
date that would fall on the 15th business day after the date on which the conditions precedent under the share purchase agreement, including the establishment of SK Horizon and regulatory approvals, are satisfied or waived, and such date remains
subject to change depending on future developments.
-
The number of shares to be disposed of, the aggregate disposal value, the shareholding ratio and the scheduled
disposal date relating to the Share Sale set forth above and matters relating to the Primary Share Subscription remain subject to change depending on the execution and performance of the relevant agreements, the satisfaction of conditions precedent
and other developments relating to the transactions.
-
SK Horizon is expected to be established in February 2027. Accordingly, this report does not contain the
summary financial information of SK Horizon.
Related Disclosure: See the Company’s current reports on Form
6-K
titled “Clarification Regarding Rumors or Media Reports” and “Update to Clarification
Regarding Rumors or Media Reports” furnished on July 10, 2026 and August 7, 2026, respectively.
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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 T
ELECOM
C
O
., L
TD
.
(
Registrant
)
By: /s/ Taehee Kim
(
Signature
)
Name: Taehee Kim
Title: Vice President
Date: August 27, 2026
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