SK Telecom’s AI Subscription Surge Drives Stock Rally
South Korea's telecom market is undergoing a seismic shift as SK Telecom (SKM) capitalizes on the AI boom. The company's bundled AI offerings—integrating ChatGPT, Gemini, and Claude—have attracted over 10 million users, with paid subscriptions now fueling investor optimism. SKM shares rallied as analysts highlighted the potential for AI services to unlock new revenue streams.
Competition intensifies as LG Uplus and KT roll out low-cost AI plans, mirroring global trends where OpenAI and Google aggressively price subscriptions. SK Telecom's first-mover advantage in consolidating premium AI models positions it as a market leader in Korea's rapidly evolving digital landscape.