LG Uplus Corp

032640: XKRX (KOR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	₩3,816.00	Ndz	Zdxptvn

LG Uplus Looking to Transform Its Company With AI

Dan Baker

Aug 8, 2024

Business Strategy and Outlook

We expect LG Uplus to continue to grow its core business through the expansion of its wireless/wireline network, specifically its 5G broadband network, and expansion into targeted noncore businesses such as its smart home and enterprise infrastructure business segments. As LG Uplus expands its wireless network, it attracts premium 5G subscribers directly but also mobile virtual network operator subscribers. In addition, LG Uplus is investing in physical storefronts to drive its MVNO business. Revenue from roaming data usage is now back to prepandemic levels, due to the easing of covid-19 restrictions in Korea.

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