SK Telecom Launches AI Data Center Infrastructure Company ‘SK Horizon’ and Secures Investments from KKR and IMM
SK Telecom further restructures its AI infrastructure business to enhance expertise, accelerate decision-making, and enable focused investment
Plans to establish a new company ‘SK Horizon’ by spinning off SK Broadband’s data center and submarine cable businesses
KKR and the IMM Investment-Stonebridge consortium will each invest in SK Horizon, with their investments totaling KRW 3.08 trillion into SK Horizon, providing funding for large-scale expansion
SK Telecom to oversee the AI data center business, SK Horizon to handle operations and expansion, and SK Hyper to develop GW-scale projects
