LG U+, also known as LGU or LG UPLUS, is a publicly owned South Korean mobile network operator, owned by LG Corporation and headquartered in South Korea. Founded in 1996, the company has an estimated 1,850 employees and reported $10.9B in revenue as of 2025. Functioning as a mobile network operator and telecoms provider, it was formerly known as LG Telecom before changing to its current name on July 1, 2010. It serves as the second-largest wireless carrier in South Korea, with 18.411 million subscribers as of Q4 2023.

2025 Revenue

Founded

1996

Headcount

1,845

Headquarters

South Korea

Primary Segment

Telecoms

Ownership

Publicly Owned

News Summary:

On March 15, LG Uplus CEO Hong Bum-sik initiated on-site management to lay the foundations of the telecommunications business amidst global artificial intelligence (AI) competition, prioritizing safety as his first major step following MWC 26. On the same day, LG Uplus, along with two other domestic mobile carriers, announced measures to manage communication quality for an anticipated 260,000 attendees at a BTS comeback performance in Gwanghwamun, Seoul, on March 21. Previously, LG Uplus stated on March 14 that CEO Hong Bum-sik conducted an on-site safety inspection on March 12 at a communication facility in Mapo-gu, Seoul, where he boarded a bucket truck. The three carriers, including LG Uplus, had detailed special telecom measures on March 13 to manage anticipated massive traffic from the BTS concert, expecting hundreds of thousands of attendees and high volumes of simultaneous photo and video uploads.

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LG U+ offers 6 products in the telecoms tech, connectivity and cloud and media and telecoms services industries. LG U+'s product portfolio comprises of media and TV services, broadcast television and radio, enterprise connectivity services, enterprise and telecoms software and telecoms.
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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 broadband and voice, which represents 17% of LG U+'s revenue.
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Examples of LG U+'s suppliers include Vantiva, Google and Ateme.

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

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