Just another WordPress.com weblog

SK Telecom is NOT looking to acquire Sprint

A couple of days ago news came out that Korean communications giant SK Telecom was in talks with Sprint to acquire them. Apparently that report wasn’t quite right and the company clarified their interests.

While SK Telecom is in talks with Sprint, it’s not to acquire the them. Instead, SK Telecom is interested in possibly collaborating on technology.

In a filing to the Korea Exchange, SK Telecom said “we are studying various business opportunities in the United States but are not seeking to take control in (any) major U.S. mobile operator.”

[Via Reuters]

Advertisements

Comments are closed.