SK TELECOM CO., LTD
1934 Act Registration No. 1-14418
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF OCTOBER 2005
SK Telecom Co., Ltd.
(Translation of registrants name into English)
11, Euljiro2-ga
Jung-gu
Seoul, Korea
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.)
(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.)
(If Yes is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b):82- .)
SUMMARY
SK Telecom Co. Ltd. (the Company) decided to provide the Caller ID service to its customers
free of charge starting January 1, 2006, which was approved by the board of directors on October
18, 2005. By providing such Caller ID service free of charge, the Company will be able to lower
the financial burden on its customers, which is expected to result in the increased usage of such
service among its customers, increasing further competitiveness for telecommunication fees. The
Company plans to reformat computerized billing system by December 2005 to ensure proper billing to
its customers reflecting no such charge for the Caller ID service.
The Caller ID service was first introduced and provided to the customers in May 2001, for
2,000 Won per month, and the service fee was reduced to 1,000 Won per month in October 2003. The
number of Caller ID subscribers reached 18 million, which is 94% of all of the Companys customers,
by the end of September 2005, which shows that the Caller ID service is one of the most commonly
used value added services.
The Company expects the consumer spending on telecommunications to decrease by 200 billion Won
per year with the implementation of such service.
REFERENCE
The report filed with the FSC with regard to SK Telecoms decision to provide the Caller ID
service free of charge can be accessed on the FSCs website at
http://dart.fss.or.kr/dart/Viewer?type=frm&rcpNo=20051018800136&maximize=on.
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SIGNATURE
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.
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SK Telecom Co., Ltd.
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By: |
/s/ Hyun Jong Song
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Name: |
Hyun Jong Song |
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Title: |
Vice President |
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Date: October 21, 2005
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