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SK Telecom Partners with Aduna to Expand Global Network API Ecosystem

SK Telecom Co. Ltd. (NYSE:SKM) is one of the most undervalued telecom stocks to invest in. On September 8, Aduna, which is a global aggregator of network APIs, announced a new commercial partnership with SK Telink, which is a subsidiary of SK Telecom. The 2 companies have signed an MoU to expand developer access to standardized telecom APIs and accelerate their adoption globally.

The collaboration will help integrate Korea into the global network API ecosystem. The partnership uses the CAMARA open-source project and aims to simplify how developers interact with network functions. By combining Aduna’s unified integration platform with SK Telecom’s advanced infrastructure and digital expertise, with SK Telink leading the commercialization strategy, the companies will drive cross-operator alignment and deployment of programmable telecom capabilities.

Initially, the focus will be on high-value security and identity services, including Number Verification, SIM Swap detection, and Know Your Customer/KYC, which are crucial for preventing fraud and enhancing digital trust in sectors like banking and fintech.

SK Telecom Co. Ltd. (NYSE:SKM) provides wireless telecommunication services in South Korea. It has 3 segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses.

While we acknowledge the potential of SKM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SKM and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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