Healthcare becomes a growth engine for SK Telecom
08-Jan-15, The Korea Times
SK Telecom, the country's biggest mobile carrier, said Thursday that it will invest more in healthcare-oriented business projects to diversify the company's product portfolios.
"This year will be another year for SK Telecom to have more healthcare-related business projects. Our plan to boost health businesses with generating 1 trillion won revenue by 2020 is still effective," said an SK Telecom official.
As faster networks are the backbone to power on Web solutions and services that are related on Internet of Things, SK Telecom has identified healthcare business segment as its one of new growth engines.
But unlike other conventional ones, healthcare businesses have still wall for easier penetration as there are regulatory issues according to governments.
SK Telecom said it plans to team up with relevant institutions and authorities to ease regulations.