SKT CEO Park Jung-ho: "It's Time to Meet Netflix CEO"

After Meeting Minister Im Hye-sook on the 28th
She Revealed in a Meeting with Reporters

SKB Wins Lawsuit Over Netflix Network Usage Fees
Also Hints at Potential Collaboration with HBO Max

On the 28th, Park Jung-ho, President of SKT, attended a meeting between the Ministry of Science and ICT and the CEOs of the three mobile carriers (SKT, KT, LGU+) at the Government Seoul Office on Sejong-daero, Jongno-gu, Seoul, attentively listening to the opening remarks by Minister Lim Hye-sook of the Ministry of Science and ICT.

[Asia Economy Reporter Cha Min-young] SK Broadband won the lawsuit related to the network usage fee dispute with Netflix, and on the 28th, Park Jung-ho, CEO of SK Telecom, stated, "The time to meet Reed Hastings, CEO of Netflix, is approaching."

After a meeting with Minister Lim Hye-sook of the Ministry of Science and ICT at the Seoul Government Complex, CEO Park responded to the question, "How do you think the lawsuit between SKB and Netflix will affect cooperation with Netflix?" with the above statement.

CEO Park also explained, "Netflix considers Korea a significant market," adding, "Although there are claims that Korean revenue has declined, Asian content is important, and cooperation with Asia will be crucial."

He also left open the possibility of cooperation with overseas online video services (OTT). When asked about collaboration with foreign OTTs, Park said, "HBO Max is becoming more visible," and added, "It will be discussed gradually."

He mentioned the commerce business as part of the non-telecom strategy. Park said, "I hope there won't be too much focus on 11st," but also stated, "We are diligently preparing the Amazon Global Store."

Earlier, SK Telecom emerged as a strong candidate in the acquisition battle for eBay Korea, which operates Gmarket, but after completing due diligence, it did not participate in the final bidding. Industry insiders speculated that this was part of efforts to grow 11st.

CEO Park emphasized, "We are strongly preparing free shipping by linking SK Telecom with points," and stressed, "Our goal is to succeed with the Global Store first."

This content was produced with the assistance of AI translation services.