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Stock impact report

SK Telecom: Positive Signs Are Appearing [Seeking Alpha]

SK Telecom Co., Ltd. (SKM) 
Company Research Source: Seeking Alpha
Play 10min Summary There are positive indicators relating to the company's new AI offerings and its core wireless services business. SK Telecom's Q2 2024 operating profit increased significantly by +16% YoY with an improvement in the competitive environment and the success of cost optimization measures pertaining to its mobile telecommunications business. SKM's AI revenue contribution has the potential to grow substantially in the future, considering the favorable metrics for its various AI-related businesses. Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More » LeoPatrizi I continue to rate SK Telecom Co., Ltd.'s NYSE: SKM ) [017670:KS] shares as a Buy. I have observed positive signs relating to SKM's core mobile telecommunications business and the company's AI-related growth initiatives. SK Telecom's current valuation metrics indicate that the company's shares have meaningful upside potential. With my prior Show less Read more
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