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SKM (SK Telecom Co) Construction In Progress : $473 Mil (As of Dec. 2024)


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What is SK Telecom Co Construction In Progress?

SK Telecom Co's quarterly construction in progress declined from Jun. 2024 ($382 Mil) to Sep. 2024 ($381 Mil) but then increased from Sep. 2024 ($381 Mil) to Dec. 2024 ($473 Mil).

SK Telecom Co's annual construction in progress declined from Dec. 2022 ($827 Mil) to Dec. 2023 ($584 Mil) and declined from Dec. 2023 ($584 Mil) to Dec. 2024 ($473 Mil).


SK Telecom Co Construction In Progress Historical Data

The historical data trend for SK Telecom Co's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SK Telecom Co Construction In Progress Chart

SK Telecom Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 603.30 648.50 826.66 584.15 472.93

SK Telecom Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 584.15 424.16 381.55 380.73 472.93

SK Telecom Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


SK Telecom Co Business Description

Address
SK T-Tower, 65, Eulji-ro, Jung-gu, Seoul, KOR, 04539
SK Telecom is South Korea's largest wireless telecom operator, with 32 million mobile customers. The firm also owns SK Broadband (formerly Hanaro Telecom), which has 7.2 million broadband customers and 9.6 million pay TV customers (6.8 million IPTV and 2.8 million Cable TV). While the firm also purchased stakes in businesses in security and semiconductor memory production as well as developing e-commerce and internet platform businesses, these were all spun off into the separate, SK Square business in November 2021. The company was formed after SK Group purchased KT's mobile business in 1994.