LG U+
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.

Revenue

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Founded

1996

Headcount

1,845

Headquarters

South Korea

Primary Segment

Telecoms

Ownership

Publicly Owned

News Summary:

On July 9, 2026, analysts anticipated LG Uplus, alongside other major telecom companies, would report mixed second-quarter earnings due to differing cost structures and unique factors ahead of an increased focus on artificial intelligence (AI) investments in the latter half of the year. Also on July 9, South Korea's three telecom carriers, including LG Uplus, were reportedly stepping up their information security investments to counter hacking incidents and AI-based cyber threats, having collectively spent 367.5 billion won on security last year, according to the Korea Internet & Security Agency (KISA). Previously, on July 7, LG Uplus announced that its employees completed a second round of design thinking training at Stanford University and in Silicon Valley, aiming to foster a collaborative workplace culture. Earlier that day, LG Uplus signed a business agreement with KISA to strengthen its AI-based voice spam detection and blocking system, integrating KISA's spam-sending number blocking system with LG Uplus's "ixi-O" spam analysis technology to more extensively detect and block voice spam numbers.

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

Example Suppliers

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Example Partners

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

Example Sports Rights Suppliers

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