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 DECEMBER 2006
SK Telecom Co., Ltd.
(Translation of registrants name into English)
11, Euljiro2-ga Jung-gu
Seoul 100-999, 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.)
Form 20-F þ Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1):
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if
submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if
submission to furnish a report or other document that the registration foreign private issuer must
furnish and make public under the laws of the jurisdiction in which the registrant is incorporated,
domiciled or legally organized (the registrants home country), or under the rules of the home
country exchange on which the registrants securities are traded, as long as the report or other
document is not a press release, is not required to be and has not been distributed to the
registrants security holders, and if discussing a material event, has already been the subject of
a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in this Form, the
registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934. Yes o No þ
If Yes is marked, indicate below the file number assigned to the Registrant in connection
with Rule 12g3-2(b): 82-
TABLE OF CONTENTS
Report on Important Business Matters
New Investments in Equipment
The management of SK Telecom Co., Ltd. (SK Telecom) has approved plans for the following new
investments in telecommunications equipment. The planned investments are within the target amount
set forth in the 2006 capital expenditures guidance provided in SK Telecoms future business and
management plans as disclosed in February 2006.
Investment in High Speed Downlink Packet Access (HSDPA) Equipment
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1.
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Investment Type
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Investment in HSDPA equipment
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2.
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Investment Details
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Investment Amount (Won)
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240,000,000,000 |
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SK Telecom Capitalization (Won)
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8,255,563,302,000 |
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Investment as Percentage of
Capitalization (%)
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2.9% |
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3.
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Purpose of Investment
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Construction of nation-wide WCDMA network
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4.
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Investment Period
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November 2006 to December 2006
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5.
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Date of Management Approval
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October 24, 2006
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Investment in Wireless Broadband Equipment
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1.
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Investment Type
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Investment in Wireless Broadband equipment
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2.
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Investment Amounts
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Investment Amount (Won)
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117,000,000,000 |
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SK Telecom Capitalization (Won)
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8,255,563,302,000 |
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Investment as Percentage of
Capitalization (%)
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1.4% |
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3.
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Purpose of Investment
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Expansion of Hot-zone coverage and
provision of subway-related services
equipment
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4.
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Investment Period
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December 2006 to March 2007
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5.
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Date of Management Approval
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November 30, 2006
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Forward-Looking Statement Disclaimer
The material above contains forward-looking statements. Statements that are not historical facts,
including statements about our beliefs and expectations, are forward-looking statements. These
statements are based on current plans, estimates and projections, and therefore you should not
place undue reliance on them. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the our actual results or performance to be
materially different from any future results or performance expressed or implied by such
forward-looking statements. We do not make any representation or warranty, express or implied, as
to the accuracy or completeness of the information contained herein, and nothing contained herein
is, or shall be relied upon as, a promise or representation, whether as to the past or the future.
Forward-looking statements speak only as of the date they are made, and we undertake no obligation
to update publicly any of them in light of new information or future events. Additional information
concerning these and other risk factors are contained in our latest annual report on Form 20-F and
in our other filings with the U.S. Securities and Exchange Commission.
SIGNATURES
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.
(Registrant)
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By: |
/s/ Hyun Jong Song
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(Signature) |
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Name: Hyun Jong Song Title: Vice President |
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Date: December 5, 2006