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SK Telecom, Hectodata Exit MyData Business as Korean Telecom Sector Withdraws

2026-07-15 02:29:26

SK Telecom1.31%

According to South Korea's Financial Services Commission, SK Telecom's MyData (personal credit information management) business shutdown was approved on July 7. On July 2, Hectodata, a subsidiary of Hectofinancial, also received approval to cease its MyData operations. With all three major Korean telecom operators now exiting the sector, MyData services are now primarily offered by financial institutions.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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