SK Telecom, KT and LG Uplus are facing continued pressure from the government to lower their customers' monthly bill payments. However, according to industry officials and experts on Monday, concerns ...

LG Uplus on Thursday launched its self-developed artificial intelligence (AI) service, ixi-O, joining an intensifying competition for AI services among Korean telecom companies.

LG Uplus to terminate 2G services by end of June LG Uplus, a major South Korean telecom operator said it will phase out its 2G services by the end of June, a move that would mark the complete ...

LG Uplus has a reasonably stable balance sheet with net debt of KRW 5.7 trillion as of the end of 2023 and a net debt/EBITDA ratio of 1.6, which is within the typical telecom company range of 1-2.

LG Uplus CEO Hwang Hyeon-sik said Thursday the company would invest up to 3 trillion won ($2.15 billion) in the telecom carrier's artificial intelligence business over the next four years. The ...