LG U+
LG Uplus Corp. (LGU, LG UPLUS), a publicly owned South Korean telecommunications company founded in 1996, provides telecom services. As of 2024, it employs approximately 1850 people and generates annual revenue exceeding US$1 billion. The company, formerly known as LG Telecom, is a subsidiary of LG Corporation and is headquartered in South Korea.

2024 Revenue

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Founded

1996

Headcount

1,845

Headquarters

South Korea

Primary Segment

Telecoms services

Ownership

Publicly Owned

News Summary:

On September 18th, LG Uplus announced that it would participate in a program with seven other LG affiliates to pay 980 billion won in early delivery payments to suppliers, up to 14 days ahead of the Chuseok holiday. This initiative aims for co-prosperity with partners. Separately, LG Uplus, along with KT and SK Telecom, announced support for Rich Communication Services (RCS) messaging on iPhones in Korea following Apple's iOS 26 update. This makes RCS messaging available to iPhone users in Korea for the first time.

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LG U+ offers 6 products in the media and telecoms services, connectivity and cloud and telecoms tech industries. LG U+'s product portfolio comprises of media and TV services, enterprise and telecoms software, broadcast television and radio, enterprise connectivity services and telecoms services.
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LG U+'s revenues were $10.7B in 2024. Caretta Research has split LG U+'s revenue into 8 different product categories, the largest of which is mobile services, which represents 29% of LG U+'s revenue.
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Examples of LG U+'s suppliers include Ateme, Google and Vantiva.

Example Suppliers

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

Example Sports Rights Suppliers

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