Korea SK Telecom To Invest KRW193.5 Billion In Mobile-Phone Operations

SEOUL -(Dow Jones)- SK Telecom Co. (SKM), South Korea's largest mobile operator by revenue, will invest KRW193.5 billion from July to December to offer better wireless services to its customers, the company said in a regulatory filing Tuesday.

SK Telecom is seeking to enhance quality in services of code division multiple access, or CDMA, and wireless broadband, or WiBro.

-By Kyong-Ae Choi, Dow Jones Newswires; 822-732-2165; kyong-ae.choi@dowjones.com

-Edited by Leslie Shaffer

(END) Dow Jones Newswires "

Posted to the site on 18th July 2006