SK Telecom Wins Two Prestigious Awards at GSMA Global Mobile Awards 2014

BARCELONA, Spain, Feb. 27, 2014 /PRNewswire/ -- SK Telecom (NYSE: SKM) announced that it was awarded "Outstanding LTE Contribution" and "Outstanding Overall Mobile Technology – The CTO's Choice' at the GSMA Global Mobile Awards 2014, the industry's biggest and the most prestigious award.

Alex Jinsung Choi, Executive Vice President and Head of ICT R&D Center at SK Telecom receives 'Outstand LTE Contribution' award and 'Outstanding Overall Technology - The CTO's Choice' at GSMA Global Mobile Awards 2014.

This year, SK Telecom was recognized for its technology leadership gained through continued developments of advanced network technologies including LTE-Advanced and contribution to set the global standards for LTE and LTE-Advanced services.

'Outstanding LTE Contribution' recognizes the company that developed the most innovative and groundbreaking LTE technologies over the past year. This year's recognition is meaningful in that SK Telecom received this award for two years in a row. The company received 'Outstanding LTE Contribution' for its '4G LTE with PETA Solution' last year.

Moreover, SK Telecom was chosen as the winner of the 'Outstanding Overall Mobile Technology - The CTO's Choice' award. The award, chosen by a distinguished panel of judges consisted of Chief Technology Officers of 16 mobile operators around the globe, is presented to the overall winner from six winners ('Best Mobile Infrastructure', 'Best Mobile Technology Breakthrough', 'Best Cloud Based technology for Mobile', 'Best Mobile Identity, Safeguard & Security Products/Solutions', 'Best Solution for Growing Smaller or Independent Networks', 'Outstanding LTE contribution') under the category of Best Mobile Technology.

Since launching the nation's first LTE in July 2011 and world's first LTE-Advanced in June 2013, SK Telecom has been constantly upgrading the quality of its LTE and LTE-Advanced networks. At present, it offers 150Mbps Wideband LTE using 20MHz bandwidth (1.8GHz band) and 150Mbps LTE-Advanced through "10MHz(800MHz) + 10MHz(1.8GHz)" Carrier Aggregation (CA). As of the end of 2013, SK Telecom's LTE and LTE-Advanced subscribers take up over 50 percent of its total mobile subscriber base.

Moreover, it was the world's first to demonstrate 225Mbps LTE-Advanced via "20MHz+10MHz" CA in November 2013 and 300Mbps LTE-Advanced via tri-band ("10MHz+20MHz+ 10MHz") CA in January, 2014. At MWC, it is demonstrating LTE-Advanced tri-band CA ("20MHz+20MHz+20MHz").

"SK Telecom is truly honored to receive two prestigious awards - 'Outstanding LTE Contribution' and 'Outstanding Overall Mobile Technology - The CTO's Choice' – at GSMA Global Mobile Awards 2014 as they recognize our contribution to the global mobile telecommunications industry through leading network technologies. We will continue to make strenuous efforts to develop innovative technologies powerful enough to enhance the quality of people's lives." said Alex Jingsung Choi, Executive Vice President and Head of ICT R&D Division at SK Telecom.