SK Telecom Heads for the Clouds

SEOUL -- SK Telecom (NYSE:SKM) announced today that it opened Cloud Data Center, a cloud computing data center, to offer innovative cloud-based services and solutions to its customers.

Cloud Data Center is located at SK Broadband's Internet Data Center (IDC) in Ilsan, Seoul. With its 1,500 cloud servers, the center will be providing SK Telecom's cloud-based services.

SK Telecom's Cloud Data Center was built in accordance with global standard cloud infrastructure (including IaaS, management solution, security value-added service, etc.) in November 2010. The company conducted tests and launched beta-service for the following two months.

SK Telecom aims to open up a new cloud service market in Korea centered around cloud-based services tailored to each customer's needs and specialized cloud-based solutions and plans to expand its cloud infrastructure in stages reflecting the market growth.

Moreover, SK Telecom plans to use its cloud for services like marketing analysis solution, LBS and M2M solution to cater to SMEs in the public cloud market. The company plans to lead the cloud market and build a cloud ecosystem by focusing on areas that have clear value. Some of the promising areas include cloud services for hospitals (u-hospital), education companies and game companies.

SK Telecom (Nasdaq: SKM)