LG U+

LG U+

http://www.lguplus.com
https://www.linkedin.com/company/lg-uplus

LG U+, also known as LGU and LG UPLUS, is a publicly owned South Korean mobile network operator headquartered in South Korea and owned by LG Corporation. Founded in 1996, the company, formerly known as LG Telecom before changing its name on July 1, 2010, specializes in telecoms. Functioning as the second-largest wireless carrier in South Korea, it reported 18.411 million subscribers as of Q4 2023. With approximately 1850 employees, LG U+ reported $10.9B in revenue as of 2025.

2025 Revenue

Founded

1996

Headcount

1,845

Headquarters

South Korea

Primary Segment

Telecoms

Ownership

Publicly Owned

News Summary:

On March 21, LG Uplus, alongside SK Telecom and KT, experienced a mobile traffic surge of more than double usual levels in Seoul's Gwanghwamun Square during a BTS comeback concert. Earlier on March 20, LG Uplus announced it would end its "Fabri Kitchen" operation this month, a solution test store for small business owners it had operated since 2024 as part of reorganizing its solution business. Also on March 20, LG Uplus showcased advanced telecommunications technologies for the water industry at the International Water Industry Expo (WATER KOREA) in Busan, becoming the first telecom operator to participate and presenting a range of AIoT water management solutions from remote meter reading to infrastructure safety monitoring.

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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, enterprise and telecoms software, broadcast television and radio, enterprise connectivity services 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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Mar

26th

2026

00:36

Regulatory and Legal, B2B Tag

LG Uplus faces sign-up suspension threat over SIM security concerns

LG Uplus is facing regulatory and political pressure over its SIM security practices, with lawmakers raising the possibility of a temporary suspension of new customer sign-ups, according to Korea Times, citing industry sources. The issue centres on the operator's use of international mobile subscriber identity (IMSI) values that partially embed customers' phone numbers, rather than using fully randomised identifiers as is common industry practice.

Mar

25th

2026

18:30

LG Uplus Under Fire Over SIM Security Flaw As Lawmakers Consider New Subscriber Ban

South Korea’s telecommunications operator LG Uplus is facing growing regulatory scrutiny after its SIM card security practices triggered concerns about potential exposure of customer data, prompting calls for stricter oversight and possible restrictions on new sign-ups.

Mar

25th

2026

02:32

Regulatory and Legal, B2B Tag

LG Uplus faces possible sign-up suspension amid SIM security backlash

LG Uplus is scrambling to contain backlash over its subscriber identity module (SIM) security practices, which could escalate into a temporary suspension of new customer sign-ups as the company faces mounting pressure from lawmakers. The controversy arose after the company was found to have partially embedded customers’ phone numbers in its international mobile subscriber identity (IMSI) stored on SIM cards, rather than randomizing the values as most carriers globally do.

Mar

25th

2026

00:39

up suspension amid SIM security backlash

LG Uplus is scrambling to contain backlash over its subscriber identity module (SIM) security practices, which could escalate into a temporary susp...

The Korea Times

Mar

24th

2026

18:30

Emerging Tech, B2B Tag

South Korea Existing & Upcoming Data Center Portfolio

This database (excel) product covers the South Korea data center market portfolio analysis, which will provide the following information on the colocation data centers: Detailed Analysis of 59 existing data centers Detailed Analysis of 40 upcoming data centers Locations covered: Ansan, Anyang, Bucheon-si, Busan, Cheongju, Daegu, Gangnam, Geumcheon-gu, Gimhae, Gimpo, Goyang, Guro, Gwangju, Hanam, Incheon, Jeollanam-do, Pohang, Pyeongchon, Seongnam, Seoul, Yongin.

Mar

24th

2026

09:29

Events, Artificial Intelligence, B2B Tag

Mobile communication services were provided without any obstacles even though a large crowd gathered..

Mobile communication services were provided without any obstacles even though a large crowd gathered in Gwanghwamun on the comeback stage of idol group BTS (BTS). Despite concerns over a surge in traffic, artificial intelligence (AI)-based network operation capabilities have played a role.

Maeil Business Newpaper

Mar

24th

2026

06:30

“An average annual salary of 120 million won” and the other two times

Outside directors of the three mobile carriers were paid an average of more than 120 million won per year, but only two times over the past year expressed opposition at the board of directors. Outside directors of SK Telecom and LG Uplus never expressed any objection.

IT Chosun Korea

Mar

24th

2026

03:56

Management Changes, B2B Tag

LG Uplus appoints first outside director as chair

South Korean operator LG Uplus named independent director Nam Hyung-doo as chair, the first time an outside director has taken the helm. Nam will work alongside Hong Bum-shik, who succeeded Hwang Hyeon-sik as CEO in November 2024.

Mobile World Live

Mar

23rd

2026

18:30

LG Uplus replaces 17 million SIMs as Korea debates new signup suspension

As controversy over the security of LG Uplus’ subscriber identity number (IMSI) design spreads into an issue of “replacing all customers’ SIMs,” some are saying the government should move to halt new subscriptions. However, inside and outside the industry, the prevailing view is that it is unlikely to lead to a strong administrative measure that actually suspends new subscriptions.

Mar

23rd

2026

18:30

LG Uplus IMSI Security Flaw Prompts SIM Replacements

Controversy over LG Uplus’s IMSI design security has escalated into an issue of replacing SIM cards for all customers, prompting calls for the government to halt new subscriptions. However, industry observers widely believe that strong administrative measures like suspending new sign-ups are unlikely.

The Chosun Ilbo

Mar

23rd

2026

18:30

Corporate Restructuring, Artificial Intelligence, B2B Tag

South Korea's Telecom Giants Shift to AI, KT Aims Management Overhaul

South Korea’s three major mobile carriers will hold regular shareholders’ meetings this month in succession and begin establishing new management systems and restructuring their businesses centered around artificial intelligence (AI). On the 24th, LG Uplus held its 30th regular shareholders’ meeting at its headquarters in Yongsan-gu, Seoul, and announced that it passed six agenda items, including the appointment of inside directors.

The Chosun Ilbo

Mar

22nd

2026

18:30

Events, Awards and Recognitions, B2B Tag

News from the week beginning 16th March 2026

In the latest Enterprise Times podcast, Ian Murphy sits down with Dave Shuman, Chief Data Officer at Precisely, to expose the brutal truth around your AI projects. If your data isn’t clean, governed, and connected, your AI is just expensive theatre.

Enterprise Times

Examples of LG U+'s suppliers include Vantiva, Google and Ateme.

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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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