LG U+, a publicly owned entity headquartered in South Korea, was founded in 1996 and employs approximately 1,850 individuals. The company reported $10.9 billion in revenue as of 2025. It operates as a South Korean mobile network operator, owned by LG Corporation, and was formerly known as LG Telecom before changing to its current name on July 1, 2010. As of Q4 2023, LG U+ functions as the second-largest wireless carrier in South Korea, serving 18.411 million subscribers.

2025 Revenue

Founded

1996

Headcount

1,845

Headquarters

South Korea

Primary Segment

Telecoms

Ownership

Publicly Owned

News Summary:

On August 27, 2026, LG Uplus announced it ranked first in the mobile communication sector of the 2026 Digital Customer Experience Index (DCXI) hosted by the Korean Standards Association, marking its third consecutive year at the top since the evaluation began in 2024. Previously, on August 26, Skai secured a contract with LG Uplus to upgrade Korea's network analysis database to PostgreSQL. Also on August 26, LG Uplus led the development of an assessment framework through TM Forum for measuring autonomous network capability in fixed access network fault management, expecting its use as a basis for certification. Earlier, on August 24, LG Uplus, along with other major South Korean mobile carriers, began focusing on artificial intelligence data centers (AIDCs) as a new growth engine, with all three operators reporting double-digit revenue growth in their AIDC businesses in the second quarter. On August 23, LG Uplus partnered with HackerOne to launch its first global bug bounty program, a move reflecting evolving telecom security threats.

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LG U+ offers 6 products in the connectivity and cloud, enterprise tech and media and telecoms services industries. LG U+'s product portfolio comprises of telecoms, enterprise and telecoms software, enterprise connectivity services, broadcast television and radio and media and TV services.
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LG U+'s revenues were $10.9B in 2025. Caretta Research has split LG U+'s revenue into 8 different product categories, the largest of which is enterprise fibre and private IP, which represents 17% of LG U+'s revenue.
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Examples of LG U+'s suppliers include Huawei Cloud, Google and Comarch.

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LG U+ currently holds broadcasting rights for sports competitions including baseball.

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