SK networks is now seeking cooperation with T-GAIA. This entry into Japan will be the beginning of the company's global business development. SK networks announced on December 17 that it has signed an MOU for 'ICT Device Recycling Business and Social Value'.

This MOU was signed to identify opportunities of mutual cooperation centered around the ICT business that both companies have in common, and seek synergy by creating new values in the midst of the changing global market. The two companies have agreed to first collaborate for enhanced ESG performance in the mobile phone distribution area. While SK networks and T-GAIA will together be committed to mobile phone distribution business cooperation followed by new business development throughout the ICT industry, they plan to further reinforce their mutual assistance system that will lead to alliance at the corporate group level.

Their efforts will also be expanded to pursue global business expansion beyond Asia.