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Breaking: According to Yonhap News Agency, SK Telecom today announced that it will spin off its artificial intelligence data center (AIDC) business to form a new entity called SK Horizon, and plans to raise KRW 30.8 trillion (about USD 2.2 billion) from external sources. The spin-off is expected to be completed on February 1, 2027. Global private equity firms KKR, IMM Investment, and Stonebridge Capital may become investors in the new company.