LG Telecom, LG Dacom, and LG Powercom have combined to make a new start as LG U+. The purpose of establishing LG U+ is to provide a development base for the company to become a world competitive telecommunication company that can handle the changes in business environment by maximizing the synergy effect through increasing management efficiency and through combining the cable/wireless telecommunication businesses.
LG U+ will keep the customers in perspective and provide combined services that customers want, deliver convenience to the customers, and help the customers find hidden "values". The company will provide enhanced services one level above through strong business operation experience built on the back of fourteen million subscribers to cable/wireless and telecommunication broadcasting services, wireless business capacity, cable, corporate, and internet business capacities, and a high quality internet network. Moreover, the company will build a virtuous circle structure for the continuous development of LG U+ through increased investments in new-developments by doubling economies of scale and synergy effects.
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