SK Telecom Q3 Results: Loss Widened, Revenues Down 12.2%

SK Telecom reported a Q3 loss of 158 billion Korean won due to weak revenues, compared to prior year's profit. The company's operating income fell 90.9% to 48.4 billion won, and EBITDA dropped 34.9% to 946 billion Won. Consolidated revenue declined 12.2% to 3.978 trillion won. SK Telecom attributed the decline to the rollout of the Customer Appreciation Package and plans to restore customer trust and prioritize AI business.