LG U+, also known as LGU and LG UPLUS, is a Publicly Owned company headquartered in South Korea. Founded in 1996, with approximately 1,850 employees, it reported $10.9B in revenue as of 2025. The company specializes in telecoms, operating as a South Korean mobile network operator owned by LG Corporation. Formerly known as LG Telecom, the company changed to its current name on July 1, 2010. LG Uplus functions as the second-largest wireless carrier in South Korea, serving 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 April 23, 2026, LG Uplus announced a collaboration with MongoDB to expand the use of generative AI and accelerate its company-wide modernization strategy. This follows an expanded partnership with MongoDB, announced earlier the same day, after LG Uplus successfully verified the data platform in its contact center, with plans to adopt it for more AI workloads across the business. Previously, on April 22, 2026, LG Uplus reported that its cumulative USIM updates and free replacements, implemented to address International Mobile Subscriber Identity (IMSI) security concerns, surpassed 1 million cases within 10 days, comprising 427,385 updates and 581,094 replacements. Concurrently, a report on employee compensation metrics among Korean telecom firms indicated LG Uplus led in salary growth, contrasting with SK Telecom, which experienced only a 1% average salary growth in 2025 following a hacking incident.

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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 broadcast television and radio, telecoms, media and TV services, enterprise connectivity services and enterprise and telecoms software.
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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 wholesale lines, which represents 17% of LG U+'s revenue.
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Examples of LG U+'s suppliers include Vantiva, Ateme and Google.

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

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