SKT to Advance Payment of 123 Billion KRW to Partners Ahead of Lunar New Year

SK Broadband and SK Stoa Also Join the Initiative

SK Telecom announced on the 19th that it plans to make early payments of approximately 123 billion KRW in transaction funds to its partners ahead of the Lunar New Year holiday. This measure aims to reduce the financial burden on partners and revitalize the domestic economy.

SK Broadband and SK Stoa will also participate in the early payment initiative. The early payment targets include about 1,450 business partners responsible for network construction, maintenance, and service operations, as well as approximately 250 distribution networks nationwide.

SK Telecom has established a dedicated department for win-win growth and cooperation, providing financial support including the ‘Win-Win Growth Fund’ and the ‘Immediate Payment Program.’

The ‘Win-Win Growth Fund’ is a program that uses interest from deposits contributed by SK Telecom to support reduced loan interest rates and emergency loans for partners. For top-tier business partners, interest-free loans are provided.

The ‘Immediate Payment Program’ is a system that pays 100% of the partner’s transaction funds in cash within two days from the approval date of the expenditure.

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