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Boston Common Asset Management LLC Sells 224 394 Shares of SK Telecom Co Ltd NYSE : SKM

The Recent Stock Performance of SK Telecom Co. Ltd. SK Telecom Co. has experienced a significant decline in its stock price over the past year, with a drop of 34.6% from its 52-week high. This decline can be attributed to various factors, including the impact of the COVID-19 pandemic on the global economy and the telecommunications industry. Key drivers of the decline:

+ The COVID-19 pandemic has led to a decline in consumer spending, resulting in reduced demand for telecommunications services. + The pandemic has also accelerated the shift to digital transformation, leading to increased competition in the industry. + The company’s revenue has been impacted by the decline in demand for its services.

The Investment Strategy of Boston Common Asset Management LLC

Boston Common Asset Management LLC, a prominent investment firm, has been actively managing its portfolio to optimize returns. In the case of SK Telecom Co. Ltd., the firm has been monitoring the company’s performance closely and has made adjustments to its stake in the company. Investment strategy: + The firm has been focusing on companies with strong growth potential and a proven track record of success.

is a South Korean telecommunications company that has been in operation since 1984. It is one of the largest telecommunications companies in the South Korean market.

Overview of SK Telecom Co. SK Telecom Co. The company has a strong presence in the South Korean market, with a significant number of subscribers and a wide range of services offered. ### Key Statistics

  • Revenue: $8 billion (2020)
  • Net income: $4 billion (2020)
  • Employees: 14,000 (2020)
  • Subscribers: 6 million (2020)
  • Market capitalization: $6 billion (2020)

    • Services Offered

    SK Telecom Co. offers a wide range of services, including:

  • Mobile phone services
  • Broadband internet services
  • Digital TV services
  • Data services

    • Financial Performance

    SK Telecom Co. has a strong financial performance, with a revenue of $12.8 billion in 2020 and a net income of $1.4 billion.

    SK Telecom’s Cellular Services segment is the largest contributor to the company’s revenue, accounting for approximately 70% of its total revenue.

    SK Telecom’s Cellular Services Segment

    SK Telecom’s Cellular Services segment is the backbone of the company’s operations. This segment provides a wide range of wireless communication services, including 5G, 4G, and 3G networks. The company’s 5G network is one of the most advanced in the world, offering speeds of up to 20 Gbps.

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