SEOUL, Mar. 15 (Korea Bizwire) — LG Uplus Corp. on Friday sought approval from the government to purchase a majority stake in leading cable TV operator CJ Hello, officials said. The Ministry of Science and ICT will review whether South Korea’s No. 3 mobile carrier’s move to become the largest shareholder of CJ Hello is [...]
SEOUL, Mar. 11 (Korea Bizwire) — LG Uplus Corp. and Hanyang University jointly demonstrated a self-driving car smoothly maneuvering its way through the busy streets of Seoul on Monday, aided by and broadcast live on a 5G network. The South Korean mobile carrier and the university’s Automotive Control and Electronic Lab (ACE Lab) showcased an [...]
BARCELONA, Feb. 25 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said Monday that it will step up security measures on its 5G network that uses Huawei’s equipment, addressing concerns over the Chinese telecom gear maker that’s facing possible bans around the world. LG Uplus CEO Ha Hyun-hoi tried to assuage concerns [...]
BARCELONA, Feb. 24 (Korea Bizwire) — Consumers have heard a lot about 5G over the past year, but the time has come for leading telecom and tech players to show what can be done with the next-generation mobile network in the largest mobile industry show of the year. South Korean mobile carriers and electronics companies [...]
SEOUL, Feb. 21 (Korea Bizwire) — If the rise of global content streaming services like YouTube and Netflix have taught any lessons to those in the Korean media industry, one thing is for sure: You have to become big to survive. An explosive growth in demand for over-the-top (OTT) content in the world’s most-connected country [...]
SEOUL, Feb. 14 (Korea Bizwire) — South Korea’s No. 3 mobile carrier LG Uplus Corp. said Thursday that it has struck a deal to buy a majority stake in leading cable TV operator CJ Hello to bolster its presence in the media and content market. The board of directors of LG Uplus approved the purchase [...]
SEOUL, Feb. 11 (Korea Bizwire) — LG Uplus Corp., currently the fourth-largest pay TV provider in South Korea, has decided to take over CJ Hello, the country’s No. 3 player in the pay TV market. The merger with CJ Hello, which is owned by CJ E&M, a unit of food and entertainment conglomerate CJ Group, [...]
SEOUL, Jan. 22 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Tuesday it will complete building its 5G infrastructure in major cities by the end of 2019 to get ahead in the next-generation wireless network market. Following the launch of the world’s first 5G network with SK Telecom Co. and [...]
SEOUL, Oct. 30 (Korea Bizwire) — Chinese smartphone producer Huawei Technologies Co. said that it would cooperate with telecommunications giant LG Uplus Corp. by offering the source code for its 5G transmitters if requested. Shawn Meng, the head of Huawei Korea, said that he would be willing to submit the layout and source code when [...]
SEOUL, Oct. 23 (Korea Bizwire) — A decision on LG Uplus Corp.’s plans to import 5G network equipment from Huawei Technologies Co. into the South Korean market is expected this week, as LG Uplus plans to address a parliamentary audit committee on Friday. Sources say that Ha Hyun-hwoi, Vice Chairman and CEO of LG Uplus, [...]