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 September 18, 2026, LG Group Chairman Koo Kwang-mo urged the conglomerate’s top executives to accelerate investment and execution in artificial intelligence, highlighting its role as a key competitive area. Earlier that day, South Korea's three mobile carriers began activating special response systems to manage an anticipated 10% data surge during the Chuseok holiday, also planning to pay suppliers ahead of schedule to support partners. Prior to this, LG Uplus signed a memorandum of understanding with Hyundai Elevator on September 15 in Seoul's Jongno district, agreeing to upgrade its AI-based remote elevator monitoring system through collaboration on wireless services, AI, and security for a smart remote monitoring platform. Separately, on September 17, LG Uplus announced it would allocate 10,000 preferred mobile phone numbers through a public lottery. Applications for these numbers, which cover nine categories including repeated digits and sequential numbers, are open from September 16 to 29, with results expected on October 8.

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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 enterprise connectivity services, telecoms, media and TV services, enterprise and telecoms software and broadcast television and radio.
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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 Comarch, Google and Huawei Cloud.

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

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