LG Uplus adds 130,000 IPTV subscribers in 1Q 2019

Thursday, May 2nd, 2019
LG Uplus logo

South Korean carrier LG Uplus Corp. (KRX: 032640) has announced results for Q1 2019. The company finished the quarter with 4.149 million IPTV subscribers, up 130 thousand over the period, and up 477 thousand (13%) versus Q1 2018.

Smart Home Subscribers (Unit: Thousands)

             1Q'18  2Q'18  3Q'18  4Q'18  1Q'19     YoY    QoQ
             -----  -----  -----  -----  -----  ------  -----
IPTV*        3,672  3,790  3,908  4,019  4,149  +13.0%  +3.2%
Broadband**  3,881  3,946  4,010  4,038  4,111   +5.9%  +1.8%
VoIP         4,095  4,060  4,019  3,981  3,942   -3.7%  -1.0%

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