BAY, QCOM, LU, WCII. NT, PAIR, WSTL
Now what on the wire today; SK; Korea; this must have been before the collapse.
Monday December 15, 9:01 am Eastern Time
Company Press Release
SOURCE: SK Telecom
SK Telecom Announces 340,000 New CDMA Subscribers for the Month of November; Increase Marks the Largest Monthly CDMA Growth in SK Telecom History
SEOUL, Dec. 15 /PRNewswire/ -- SK Telecom (NYSE: SKM - news) announces an additional 340,000 new CDMA (Code Division Multiple Access) subscribers. This growth marks a 40% increase in SK Telecom's CDMA customers over the 243,000 new subscribers reported in October.
''We are delighted to see the tremendous growth of our CDMA subscriber base and feel confident that the number will continue to grow,'' said Dr. Jung Uck Seo, President of SK Telecom. ''This growth stands as testament to the quality of our products and the services we offer to our customers,'' concluded Dr. Jung Uck Seo.
SK Telecom has implemented a number of programs which have significantly contributed to the strong growth of the company's CDMA subscriber base. Earlier this year, SK Telecom lowered its cellular rates by 12.7 percent and developed four calling plans to make the service even more economical for consumers. In July, the company lowered the deposit fee on new SK Telecom service by 90% and developed the ''011 Leaders Club'' customer loyalty program. Members of the 011 Leaders club are entitled to emergency roadside assistance, free replacement of lost or stolen telephones, and discounts on travel services and electronics products.
SK Telecom is the leader in the field of mobile communications in Korea with 2.9 million digital subscribers and 1.6 million customers on its analog network. SK Telecom was the first company in the world to offer commercial CDMA cellular service and is the third largest paging service provider in the world.
SK Telecom was the first Korean company to be listed on the London Stock Exchange (LSE: SKMD). SK Telecom also trades on the New York Stock Exchange (NYSE: SKM - news) and the Korea Stock Exchange (KSE: SK Telecom).
SOURCE: SK Telecom
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