News Summary:
On July 31, 2026, LG Uplus missed its 30% security investment pledge, citing depreciation as a factor for the faltering commitment. Previously, on July 29, the company announced plans to acquire 90 billion won worth of treasury shares to boost shareholder value through measures such as cancellation, and committed an additional 1.3 trillion won investment to build the Paju AI data center. This followed its win on July 24, when LG Uplus secured four categories at the "Social i Awards 2026," including the Instagram Grand Prize and the LinkedIn Special Prize, hosted by the Korea Internet Professional Association (KIPFA). Earlier, on July 23, LG Uplus, alongside SKT and KT, unveiled a strategy to accelerate investment in next-generation networks, encompassing 6G, AI-RAN, satellite networks, and 5GSA, with the government forming a public-private consultative body in August to promote investment and regulatory improvements.
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