Media & content is the closet adjacency for the service providers and one that they have had the most success. Bundling content with broadband connectivity has helped telcos across the board. Many telcos have invested in developing and scaling localised content. Partnerships with Netflix, Amazon Prime and Disney have been extensively pursued across the region. 

twimbit recognises SK Telecom as the Best telco to ace “Content & Media”.

“SK Telecom’s road to success in South Korea’s pay TV market is built on strong partnerships and acquisitions.”

Globally, SK Telecom proves to be one of the most innovative telecom companies, diversifying non-connectivity services in almost every segment and strongly contributing to the overall revenue.

• Media – the highest contributor to the overall revenues, focuses on providing its customers Pay TV services through BTV, an OTT platform through wavve and personalised music streaming service based on AI, Flo and T commerce services through SK Stoa.

• The merger between SK Broadband and t-broad bumped up the media contribution to the overall revenue. The merger also helped SK telecom gain users based on content competitiveness and AI-based personalisation, making them one of South Korea’s leading players in the market.

• Media grew 16% YoY as compared to the mobile and fixed growth of 1.8%.

• pay TV subscribers reached 9 million at the end of 2021.

• Domestic Gross Merchandise Value for the T-commerce market (SK Stoa, increased by 8.3 %.

Read more on how the media business for SKT proves to be its growth engine.

For the complete list of Asia Pacific telecom service provider winners: click here