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LG Uplus (XKRX:032640) Net Policyholder Benefits/Claims


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What is LG Uplus Net Policyholder Benefits/Claims?

Net Policyholder Benefits/Claims only applies to insurance companies.


LG Uplus (XKRX:032640) Business Description

Traded in Other Exchanges
N/A
Address
LG Uplus Tower, 82, Namdaemunno 5-ga, Seoul, KOR, 100-095
LG Uplus is a Korean telecommunications operator selling mobile and fixed-line products. It entered the Korean mobile market in 1996 as LG Telecom by acquiring a mobile license, then building out a mobile network. Parent company LG Corporation merged LG Telecom with LG Dacom and LG Powercom in 2010 to add fixed-line and internet capabilities to the existing mobile business and changed its name to LG Uplus that same year. The firm competes against KT Corp and SK Telecom, which were formed from the previously state-owned monopoly, Korea Telecom. Given KT and SKT had incumbent telecom businesses before LG Uplus started its business, LG Uplus has lower market shares than the other two in the key telecom services.