COMPANYKRX:032640

LG Uplus

LG Uplus is a south Korean telecom operator offering mobile, broadband, TV, IoT and enterprise services.

LG Uplus operates in the Unclassified segment.

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Founded
1996
Headquarters
Yongsan-gu, Seoul, South Korea
Core Segment
Unclassified
Company Size
Unknown
Official Links
Website
Verified
2026-03-12

LG Uplus: About

The company operates a vertically integrated telecom and media business. It builds and manages mobile and fixed‑line networks and sells access through post‑paid and pre‑paid subscriptions for consumers and enterprises. Pay‑TV, mobile TV, and smart‑home services are layered on top of broadband access and are often bundled into converged plans (mobile + internet + TV + smart home) to increase average revenue per user and reduce churn. Its ownership of a cable/pay‑TV operator and investments in music services support content distribution and aggregation around its TV and mobile platforms.

Device and hardware sales through its retail and online shop add transactional revenue and enable handset‑financing or subsidy models tied to long‑term contracts. For business customers, LG Uplus provides 5G connectivity, mobile edge computing, private networks, IoT connectivity, and enterprise software solutions such as identity and account management, typically sold as recurring service contracts with optional managed services. Overall, value is created by bundling network access, content, devices, and enterprise solutions into integrated packages that simplify procurement and operations for customers.

LG Uplus: Market Position

LG Uplus Corp. is a major South Korean telecommunications operator owned by LG Corporation. It operates as a wireless carrier and fixed broadband provider and offers pay‑TV, mobile TV, smart‑home, IoT, and enterprise connectivity and software services. The company also runs retail and online channels for device and plan sales and holds media assets such as a pay‑TV operator (LG HelloVision) and an investment stake in a music service (Genie Music).

Revenue is generated primarily from recurring mobile and broadband subscriptions, IPTV and mobile video services, and bundled consumer packages, supplemented by device sales via its retail channel. On the enterprise side, LG Uplus monetises 5G connectivity, MEC, private networks, IoT services, and SaaS‑style identity and account management solutions under managed contracts. Customers include mass‑market consumers and households in South Korea, as well as corporate and industrial clients purchasing connectivity, IoT, and IT/security solutions.

LG Uplus: Key Subsidiaries & Acquisitions

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