25.02.2014 10:10:00

SK Telecom Co., Ltd. -- Moody's: SKT's acquisition of handset sales business is credit negative

Hong Kong, February 25, 2014 -- Moody's Investors Service says that the acquisition by SK Telecom Co. Ltd (SKT, A3 stable) of SK Networks Co. Ltd's (unrated) retail handset sales business is credit negative, as it represents an acquisition of a low-margin, retail business.

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