SKT

Tanger Announces Acquisition of Asheville Outlets in Asheville, North Carolina

Retrieved on: 
Monday, November 13, 2023

GREENSBORO, N.C., Nov. 13, 2023 /PRNewswire/ -- Tanger® (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today that it has acquired its 38th shopping center, Asheville Outlets, as part of the continued execution of the company's external growth strategy. Tanger acquired the center for $70 million in an all-cash, off-market transaction, leveraging the company's platform and utilizing its cash holdings and strong balance sheet to create value for all stakeholders. Asheville Outlets is the second fully owned addition to Tanger's outlet portfolio this quarter, following the grand opening of Tanger Outlets Nashville in Tennessee last month.

Key Points: 
  • Asheville Outlets is the second fully owned addition to Tanger's outlet portfolio this quarter, following the grand opening of Tanger Outlets Nashville in Tennessee last month.
  • Asheville Outlets is a 382,000-square-foot, open-air shopping center located in the popular tourist market of Asheville, North Carolina.
  • Asheville Outlets benefits from proximity to the area's top attractions, including The Biltmore Estate, Blue Ridge Parkway, and the Grove Park Inn and North Carolina Arboretum.
  • Tanger will officially transition the center to become Tanger Outlets Asheville in early January 2024, leveraging the Tanger name, brand and platform to further strengthen leasing, sales and traffic for the center.

Tanger Announces Grand Opening of Tanger Outlets Nashville

Retrieved on: 
Thursday, October 26, 2023

GREENSBORO, N.C., Oct. 26, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the Grand Opening of its 37th shopping center, Tanger Outlets Nashville, which will open to the public at 10 a.m. Central Time (CT) tomorrow, October 27.

Key Points: 
  • Outlet Center Since 2019 at 96.5 Percent Leased, Showcases Transformational Design and Retailer Mix
    GREENSBORO, N.C., Oct. 26, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the Grand Opening of its 37th shopping center, Tanger Outlets Nashville, which will open to the public at 10 a.m. Central Time (CT) tomorrow, October 27.
  • "Tanger Nashville was designed by a team inspired to transform what we have come to expect from a shopping center experience," said Stephen Yalof, President and CEO of Tanger.
  • Additional celebratory activities, entertainment, and special offers and sales will be available to onsite guests throughout the center's Grand Opening weekend.
  • Tanger has taken other significant steps to engage and support the community surrounding Tanger Nashville as part of its process of bringing the new center to the market.

SK Telecom and Deutsche Telekom to Jointly Develop Telco-specific LLM

Retrieved on: 
Sunday, October 22, 2023

SEOUL, South Korea, Oct. 22, 2023 /PRNewswire/ -- SK Telecom (NYSE:SKM, "SKT") and Deutsche Telekom today announced that they signed a Letter of Intent (LOI) to jointly develop a telco-specific LLM that enables global telecommunication companies (telcos) to develop generative AI models easily and quickly.

Key Points: 
  • SEOUL, South Korea, Oct. 22, 2023 /PRNewswire/ -- SK Telecom (NYSE:SKM, "SKT") and Deutsche Telekom today announced that they signed a Letter of Intent (LOI) to jointly develop a telco-specific LLM that enables global telecommunication companies (telcos) to develop generative AI models easily and quickly.
  • SKT and Deutsche Telekom plan to collaborate with AI companies such as Anthropic (Claude 2) and Meta (Llama2) to co-develop a multilingual – i.e, German, English, Korean, etc.
  • To this end, SKT and Deutsche Telekom plan to jointly develop AI platform technologies that telcos can use to create generative AI services to reduce both development time and cost.
  • This will elevate our generative AI tools," says Claudia Nemat, Member of the Board of Management for Technology and Innovation at Deutsche Telekom.

SK Telecom Announces AI Pyramid Strategy to Become a Global AI Company

Retrieved on: 
Tuesday, September 26, 2023

SEOUL, South Korea, Sept. 25, 2023 /PRNewswire/ -- SK Telecom (NYSE:SKM, "SKT") today announced its ambition to become a global AI company by strengthening its own AI competitiveness and cooperating with partners throughout the globe.

Key Points: 
  • - SKT sets forth 'AI Pyramid Strategy' to accelerate innovation centered around three key areas: AI Infrastructure, AI Transformation (AIX) and AI Service.
  • SEOUL, South Korea, Sept. 25, 2023 /PRNewswire/ -- SK Telecom (NYSE:SKM, "SKT") today announced its ambition to become a global AI company by strengthening its own AI competitiveness and cooperating with partners throughout the globe.
  • SKT's CEO Ryu Young-sang unveiled the new 'AI Pyramid Strategy,' which aims to innovate industry, society, and life centered around three key areas including AI Infrastructure, AI Transformation (AIX) and AI Service.
  • SKT aims to leap into a global AI company that leads the AI ecosystem by strengthening its own competitiveness in areas including the personal AI assistant 'A.

Tanger Appoints Jessica K. Norman as EVP and General Counsel

Retrieved on: 
Monday, September 11, 2023

GREENSBORO, N.C., Sept. 11, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the appointment of Jessica K. Norman as the company's Executive Vice President, General Counsel and Secretary, effective September 12, 2023.

Key Points: 
  • GREENSBORO, N.C., Sept. 11, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the appointment of Jessica K. Norman as the company's Executive Vice President, General Counsel and Secretary, effective September 12, 2023.
  • In this role, Ms. Norman will lead Tanger's legal organization, including its corporate governance and compliance functions.
  • Ms. Norman will report to Stephen Yalof, President and Chief Executive Officer, and will sit on the executive leadership team.
  • "We are very pleased to welcome Jessica Norman to the Tanger executive team and legal group," said Yalof.

HFR Leads 6G Global Standardization as Co-Chair of the Open RAN Industry Alliance

Retrieved on: 
Wednesday, August 23, 2023

SEOUL, S.KOREA, Aug 23, 2023 - (ACN Newswire) - HFR, Inc. (KOSDAQ 230240), a leading telecommunications equipment manufacturer, today announced it is participating in the Open RAN Industry Alliance (ORIA) as a co-chairman.

Key Points: 
  • SEOUL, S.KOREA, Aug 23, 2023 - (ACN Newswire) - HFR, Inc. (KOSDAQ 230240), a leading telecommunications equipment manufacturer, today announced it is participating in the Open RAN Industry Alliance (ORIA) as a co-chairman.
  • ORIA is a recently launched public-private consultant body by the South Korean government and prominent leaders in the mobile industry to strengthen national competitiveness in the area of Open RAN.
  • ORIA endeavors to create a global collaborative ecosystem by encouraging domestic Open RAN technology and product development while providing influence over international standards.
  • Open RAN is a technology that standardizes the interface of mobile network equipment to increase compatibility among equipment from different manufacturers.

Tanger Schedules Third Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Tuesday, August 22, 2023

GREENSBORO, N.C., Aug. 22, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its financial results for the quarter ending September 30, 2023 will be released on Monday, November 6, 2023 after the market close.

Key Points: 
  • GREENSBORO, N.C., Aug. 22, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its financial results for the quarter ending September 30, 2023 will be released on Monday, November 6, 2023 after the market close.
  • The Company will host its conference call for analysts, investors and other interested parties on Tuesday, November 7, 2023 at 8:30 a.m. Eastern Time.
  • A telephone replay of the call will be available from November 7, 2023 at 11:30 a.m. Eastern Time through 11:59 p.m. on November 21, 2023 by dialing 1-877-660-6853, replay access code #13740617.
  • An online archive of the webcast will also be available through November 21, 2023.

SK Telecom, Deutsche Telekom, e&, and Singtel Form Global Telco AI Alliance for Collaboration and Innovation in AI

Retrieved on: 
Thursday, July 27, 2023

Four major global telcos joined forces to launch the Global Telco AI Alliance to accelerate AI transformation of the existing telco business and create new business opportunities with AI services.

Key Points: 
  • Four major global telcos joined forces to launch the Global Telco AI Alliance to accelerate AI transformation of the existing telco business and create new business opportunities with AI services.
  • They signed a Multilateral MOU for cooperation in the AI business, which includes the co-development of the Telco AI Platform.
  • SEOUL, South Korea, July 27, 2023 /PRNewswire/ -- SK Telecom (NYSE:SKM, "SKT"), Deutsche Telekom, e& and Singtel today announced that they formed the Global Telco AI Alliance to create a new customer experience and make a difference in the lives of global citizens using AI technology.
  • The four members of the Global Telco AI Alliance agreed to make joint efforts to accelerate AI transformation of the existing telco business, and develop new growth drivers through new AI-powered business models.

Tanger Introduces Refreshed TangerClub Guest Loyalty Program

Retrieved on: 
Friday, July 14, 2023

GREENSBORO, N.C., July 14, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the launch of its refreshed TangerClub guest loyalty program and all-new consumer mobile app. As part of its continued focus on elevating the customer experience, Tanger has reimagined its digital solutions and loyalty program to increase guest engagement and more conveniently connect brands with the right customers in new ways. This digital-first loyalty program offers a more personalized and intuitive experience – providing additional value for both guests and retail partners.

Key Points: 
  • Tanger's new digital-first loyalty program and mobile app empower brand connections and optimize guest experience, with an expanded suite of exclusive benefits and personalized offers for guests at Tanger's open-air shopping centers
    GREENSBORO, N.C., July 14, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, announced today the launch of its refreshed TangerClub guest loyalty program and all-new consumer mobile app.
  • As part of its continued focus on elevating the customer experience, Tanger has reimagined its digital solutions and loyalty program to increase guest engagement and more conveniently connect brands with the right customers in new ways.
  • This digital-first loyalty program offers a more personalized and intuitive experience – providing additional value for both guests and retail partners.
  • Existing "Insiders" and TangerClub members have been automatically enrolled in Tanger's new loyalty program at a corresponding level to their current engagement.

Tanger Releases 2022 Environmental, Social, and Governance Report

Retrieved on: 
Monday, July 10, 2023

GREENSBORO, N.C., July 10, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, is proud to announce the release of its 2022 Environmental, Social, and Governance (ESG) Report. The report, the company's seventh, emphasizes Tanger's long-standing dedication to corporate sustainability and ethical business practices.

Key Points: 
  • GREENSBORO, N.C., July 10, 2023 /PRNewswire/ -- Tanger® Outlets (NYSE: SKT), a leading operator of upscale, open-air shopping centers, is proud to announce the release of its 2022 Environmental, Social, and Governance (ESG) Report.
  • "Our mission, vision, and core values guide and form the foundation of our decision making at Tanger.
  • Tanger is also taking steps to enhance its ability to report on its exposure to climate risk.
  • To learn more about Tanger's ESG progress and initiatives, and to view Tanger's 2022 ESG Report, please visit investors.tanger.com/corporate-responsibility .