SK Telecom secures KRW 3.08 trillion KKR, IMM investment for AI data center spinoff SK Horizon

Reuters2026/08/27 10:04

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

SK Telecom will spin off SK Broadband’s data center and submarine cable units into SK Horizon to scale AI data center infrastructure.
KKR and an IMM Investment-Stonebridge consortium will invest a combined KRW 3.08 trillion in SK Horizon for expansion funding.
Post-transaction ownership: SK Telecom 51%, KKR 29%, IMM consortium 20%.
SK Horizon targets 318 MW total capacity across operating sites and projects under construction, including Ulsan and Guro.
SK Hyper targets 5 GW of new AI data center capacity by 2029, expanding toward 15 GW by 2035.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SK Telecom Co. Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN35116) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

SK Telecom secures KRW 3.08 trillion KKR, IMM investment for AI data center spinoff SK Horizon

You may also like

Crypto prices