SK TELECOM CO LTD | CIK:0001015650 | 3

  • Filed: 5/4/2018
  • Entity registrant name: SK TELECOM CO LTD (CIK: 0001015650)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1015650/000119312518151612/0001193125-18-151612-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1015650/000119312518151612/skm-20171231.xml
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  • ifrs-full:DisclosureOfInterestsInSubsidiariesExplanatory

    The list of subsidiaries as of December 31, 2017 and 2016 is as follows:

     

                Ownership (%)(*1)  

    Subsidiary

     

    Location

     

    Primary business

      Dec. 31,
    2017
        Dec. 31,
    2016
     
    Subsidiaries owned by the Parent Company  

    SK Telink Co., Ltd.(*2)

      Korea   Telecommunication and MVNO service     100.0       85.9  
     

    SK Communications Co., Ltd.(*3)

      Korea   Internet website services     100.0       64.5  
     

    SK Broadband Co., Ltd

      Korea   Telecommunication services     100.0       100.0  
     

    PS&Marketing Corporation

      Korea   Communications device retail business     100.0       100.0  
     

    SERVICEACE Co., Ltd.

      Korea   Customer center management service     100.0       100.0  
     

    SERVICE TOP Co., Ltd.

      Korea   Customer center management service     100.0       100.0  
     

    Network O&S Co., Ltd.

      Korea   Base station maintenance service     100.0       100.0  
     

    SK Planet Co., Ltd.

      Korea   Telecommunication service     98.1       98.1  
     

    IRIVER LIMITED(*4, 5)

      Korea   Manufacturing digital audio players and other portable media devices.     45.9       48.9  
     

    SK Telecom China Holdings Co., Ltd.

      China   Investment     100.0       100.0  
     

    SK Global Healthcare Business Group, Ltd.

      Hong Kong   Investment     100.0       100.0  
     

    SKT Vietnam PTE. Ltd.

      Singapore   Telecommunication service     73.3       73.3  
     

    SKT Americas, Inc.

      USA   Information gathering and consulting     100.0       100.0  
     

    YTK Investment Ltd.

      Cayman Islands   Investment association     100.0       100.0  
     

    Atlas Investment

      Cayman Islands   Investment association     100.0       100.0  
     

    Entrix Co., Ltd.(*6)

      Korea   Cloud streaming services           100.0  
     

    SK techx Co., Ltd.

      Korea   System software development and supply     100.0       100.0  
     

    One Store Co., Ltd.

      Korea   Telecommunication services     65.5       65.5  
    Subsidiaries owned by SK Planet Co., Ltd.  

    SK m&service Co., Ltd. (formerly, M&Service Co., Ltd.)

      Korea   Data base and internet website service     100.0       100.0  
     

    SK Planet Japan, K. K.(*5)

      Japan   Digital contents sourcing service     79.5       100.0  
     

    SK Planet Global PTE. Ltd.

      Singapore   Digital contents sourcing service     100.0       100.0  
     

    SKP GLOBAL HOLDINGS PTE. LTD.

      Singapore   Investment     100.0       100.0  
     

    SKP America LLC.

      USA   Digital contents sourcing service     100.0       100.0  
     

    shopkick Management Company, Inc.

      USA   Investment     100.0       100.0  
     

    shopkick, Inc.

      USA   Reward points-based in-store shopping app development     100.0       100.0  
     

    Planet11 E-commerce Solutions India Pvt. Ltd.(*6)

      India   Electronic commerce platform service           99.0  
     

    11street (Thailand) Co., Ltd.

      Thailand   Electronic commerce     100.0       100.0  
     

    Hello Nature Ltd.

      Korea   Retail of agro-fisheries and livestock     100.0       100.0  
    Subsidiaries owned by IRIVER LIMITED  

    iriver Enterprise Ltd.

      Hong Kong   Management of Chinese subsidiary     100.0       100.0  
     

    iriver Inc.

      USA   Marketing and sales in North America     100.0       100.0  
     

    iriver China Co., Ltd.

      China   Sales and manufacturing MP3,4 in China     100.0       100.0  
     

    Dongguan iriver Electronics Co., Ltd.

      China   Sales and manufacturing e-book in China     100.0       100.0  
     

    groovers JP Ltd.

      Japan   Digital music contents sourcing and distribution service     100.0       100.0  
     

    S.M. LIFE DESIGN COMPANY JAPAN INC.(*6)

      Japan   Selling of goods in Japan     100.0        
     

    S.M. Mobile Communications JAPAN Inc.(*6)

      Japan   Digital contents service     100.0        

    Subsidiaries

    owned by SK

    Telink Co., Ltd.

     

    NSOK Co., Ltd. (formerly, Neosnetworks Co., Ltd.)(*7)

      Korea   Guarding of facilities     100.0       100.0  

    Subsidiaries

    owned by SK

    techx Co., Ltd.

     

    K-net Culture and Contents Venture Fund

      Korea   Capital investing in startups     59.0       59.0  
    Subsidiaries owned by SK Broadband Co., Ltd.  

    Home & Service Co., Ltd.(*6)

      Korea   Operation of information and communication facility     100.0        
     

    SK stoa Co., Ltd.(*6)

      Korea   Other telecommunication retail business     100.0        

    Others(*8)

     

    SK Telecom Innovation Fund, L.P.

      USA   Investment     100.0       100.0  
     

    SK Telecom China Fund I L.P.

      Cayman Islands   Investment     100.0       100.0  
     

    Stonebridge Cinema Fund(*6)

      Korea   Capital investing in startups           60.0  

     

     

    (*1) The ownership interest represents direct ownership interest in subsidiaries either by the Parent Company or subsidiaries of the Parent Company.

     

    (*2) On September 28, 2017, the board of directors of the Parent Company resolved to acquire the shares of SK Telink Co., Ltd. held by the non-controlling shareholders of SK Telink Co., Ltd. on December 14, 2017 at ₩270,583 per share in cash. The Parent Company paid ₩35,281 million in cash, in aggregate, and wholly owns SK Telink Co., Ltd. as of December 31, 2017.

     

    (*3) On November 24, 2016, the board of directors of the Parent Company resolved to acquire all of the shares of SK Communications Co., Ltd. held by the non-controlling shareholders of SK Communications Co., Ltd. on February 7, 2017 at ₩2,814 per share in cash. The Parent Company paid ₩41,550 million in cash ,in aggregate, and wholly owns SK Communications Co., Ltd. as of December 31, 2017.

     

    (*4) Although the Group has less than 50% of the voting rights of IRIVER LIMITED, the Group is considered to have control over IRIVER LIMITED since the Group holds significantly more voting rights than any other vote holder or organized group of vote holders, and the other shareholdings are widely dispersed.

     

    (*5) The ownership interest changed due to the non-proportional capital increase during the year ended December 31, 2017.

     

    (*6) Details of changes in consolidation scope for the year ended December 31, 2017 are presented in Note 1-(4).

     

    (*7) During the year ended December 31, 2017, Neosnetworks Co., Ltd. changed its name to NSOK Co., Ltd.

     

    (*8) Others are owned together by Atlas Investment and one other subsidiary of the Parent Company.