SK Telecom, Korea’s biggest telecom company, is most likely to merge two of its subsidiaries -- SK Planet and SK Marketing & Company -- as a means to beef up their mobile business, industry sources said.

The telecom giant will move forward with the merger and acquisition plan after it acquires SK Innovation’s 50 percent stake in SK M&C for a 100 percent controlling equity.

SK Telecom will likely make SK Planet the surviving entity through a statutory merger with SK M&C, which will dissolve after the M&A process by early next year.

This comes as SK Telecom seeks to reorganize the two subsidiaries, which had overlapping mobile businesses such as mobile global positioning satellite system and gift coupons, as well as to bolster their mobile business. Also, this is in line with efforts to downsize and streamline SK Telecom’s subsidiaries for efficiency.

SK Planet is a wholly-owned mobile platform operating subsidiary of SK Telecom, and SK M&C is a 50/50 marketing joint venture firm between SK Telecom and SK Innovation, the energy flagship of SK Group.


By Park Hyong-ki and Cho Ji-hyun
(hkp@heraldcorp.com)
(sharon@heraldcorp.com) 


<관련 한글 기사>

SKT, SK플래닛-SKM&C 합병 검토

SK텔레콤은 자회사인 SK플래닛을 SK마케팅앤컴퍼니와의 합병을 검토 중이다.

업계 관계자들에 의하면 SK텔레콤은 SK이노베이션이 소유하고 있는 SK마케팅앤컴퍼니의 50프로 지분을 매입한 후 두 자회사의 합병 작업에 들어갈 것이라고 한다.

SK플래닛이 SK M&C를 흡수합병 할 가능성이 높다고 한다.

두 자회사를 합병시키는 이유 중 하나는 SK플래닛과 SK M&C가 서로 중복된 여러 사업이 있기 때문이다. 합병을 통해 사업이 단일화되고 SK텔레콤의 모바일 사업이 더 발전할 것이라고 예상되기 때문이다.

SK플래닛은 SK텔레콤의 100프로 소유하고 있는 모바일 플랫폼 자회사이며, SK M&C는 SK텔레콤과 SK이노베이션이 각각 50프로 출자한 마게팅 합작사이다. (코리아헤럴드)