18 Jan 2007 08:32
(Investment In Network Equipment)
Report on Important Business Matters New Investments in Equipment
The management of SK Telecom Co., Ltd. ("SK Telecom") has approved plans for the following new investments in telecommunications equipment.
HSDPA : High Speed Downlink Packet Access
1. Investment Type Investment in Network equipment 2. Investment Details Investment Amount (Won) 459,900,000,000 SK Telecom 8,255,563,302,000 Capitalization(Won) Investment as Percentage of 5.57% Capitalization (%) 3. Purpose of Investment Construction of nation-wide HSDPA network 4. Investment Period January 2007 to June 2007 5. Date of Management Approval January 18,2007
Forward-Looking Statement Disclaimer
The material above contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the our actual results or performance to be materially different from any future results or performance expressed or implied by such forward-looking statements. We do not make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied upon as, a promise or representation, whether as to the past or the future. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Additional information concerning these and other risk factors are contained in our latest annual report on Form 20-F and in our other filings with the U.S. Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
SK Telecom Co., Ltd. (Registrant) By: /s/ Tae Jin Park (Signature) Name: Tae Jin Park Title: Vice PresidentDate: January 18, 2007
SK TELECOM CO LD (GDR)