LG Uplus adds 92,000 IPTV subscribers in 2Q 2019

Friday, August 9th, 2019
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SEOUL — South Korean carrier LG Uplus Corp. (KRX: 032640) has announced results for Q2 2019. The company finished the quarter with 4.241 million IPTV subscribers, up 92 thousand over the period, and up 451 thousand (11.9%) versus Q2 2018.

Smart Home Subscribers (Unit: Thousands)

             1Q'18  2Q'18  3Q'18  4Q'18  1Q'19  2Q'19     YoY    QoQ
             -----  -----  -----  -----  -----  -----  ------  -----
IPTV*        3,672  3,790  3,908  4,019  4,149  4,241  +11.9%  +2.2%
Broadband**  3,881  3,946  4,010  4,038  4,111  4,170   +5.7%  +1.4%
VoIP         4,095  4,060  4,019  3,981  3,942  3,901   △3.9%  △1.0%

* IPTV : STB subscriber base
** Broadband : Including corporate subscribers from Aug. 2015