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SK telecom FOR IMMEDIATE RELEASE SK Telecom Announces 3Q 2021 Earnings Results - Seoul , Korea , November 10 , 2021 SK Telecom ( NYSE : SKM , hereinafter referred to as " SKT " ) today announced its earnings for the third quarter of 2021 on a K - IFRS consolidated basis : revenue of KRW 4.968 trillion , operating income of KRW 400.0 billion , and net income of KRW 736.5 billion . Compared to the same period last year , SKT's consolidated revenue and operating income increased by 5.0 % and 11.7 % , respectively , backed by sustained growth of all its business areas including MNO and New ICT businesses . The MNO business posted revenue of KRW 3.027 trillion , up 2.9 % year - on - year ( YoY ) , solidifying its leadership in the telecommunications market . The combined total revenue of SKT's New ICT Businesses has increased by 6.9 % YoY to KRW 1.631 trillion . Net income grew by 88.0 % YoY to KRW 736.5 billion affected by factors including increased equity method gains from SK Hynix . ■ Strengthened market leadership with 8.65 million cumulative 5G subscribers and successful launch of new subscription products and metaverse service The MNO business posted revenue of KRW 3.027 trillion , up 2.9 % YoY , and operating income of KRW 319.6 billion , up 21.9 % YoY through strengthened leadership in mobile telecommunications business including 5G . As of the end of September 2021 , the number of SKT's 5G subscribers stood at 8.65 million , increasing by around 950,000 from the previous quarter ( end of June ) . Building on its competitiveness in 5G , SKT plans to strengthen its key business areas including Al and Digital Infrastructure Service . SK Telecom plans to offer new customer experience through its new subscription service ' T Universe ' and Metaverse service ‘ Ifland , ' while expanding its data center and cloud businesses . With the aim to position Ifland as the most representative metaverse service in Korea , the company plans to transform Ifland into an open platform where users can take part in creating