Saturday May 25, 2019
Home Lead Story LG Uplus Eyes...

LG Uplus Eyes Growth Momentum in 5G: Report

LG Uplus earlier said it aims to complete building its 5G infrastructure in major cities by the end of 2019

0
//
world record
LG logo, wikimedia

LG Uplus Corp would expedite deployment of the 5G network and develop various services to create new business opportunities, CEO Ha Hyun-hoi said on Friday.

South Korea’s No. 3 mobile carrier will offer a wide range of media services to gain a competitive edge in its 5G business, based on a wider customer base following its acquisition of the nation’s No. 1 cable operator, CJ Hello, in February, he said.

“5G service will change the everyday lives of our customers, creating new business opportunities not only in the (business to customer) business but also in the (business to business) areas, including autonomous vehicles, smart factories and smart cities,” Ha said in a shareholder meeting at the company’s headquarters here, Yonhap news agency reported.

“We will pro-actively respond to the fast-changing business environment and concentrate on key services for sustainable growth.”

Latest technology of 5G
5G Technology.

The telecom company logged sales of 12.1 trillion Won ($10.6 billion) in 2018. It offered 400 Won in dividends for per share, the same as 2018.

LG Uplus has been teaming up with Chinese network manufacturer Huaweito deploy the next-generation cellular technology in the nation.

Also Read- Photo-Messaging App Snapchat To Launch In-App Gaming Platform

Huawei’s gear is used in about 95 per cent of 15,000 5G base stations established in the nation so far, according to the firm.

LG Uplus earlier said it aims to complete building its 5G infrastructure in major cities by the end of 2019. (IANS)

Next Story

Britain’s First 5G Service to be Launched in May

Some media reports claimed that EE will launch a 5G network “without Huawei technology as originally planned”

0
5G research

Mobile network operator EE said on Wednesday that it will launch Britain’s first 5G service in six major cities on May 30.

EE will switch on its 5G service in London, Cardiff, Edinburgh, Belfast, Birmingham and Manchester later this month, the Xinhua news agency reported.

The company also said that it will roll out 5G rapidly from Wednesday, with more than 100 new 5G sites per month being added, providing 5G in more cities: Bristol, Coventry, Leicester, Nottingham, Sheffield, Liverpool, Hull, Leeds, Newcastle and Glasgow.

Some media reports claimed that EE will launch a 5G network “without Huawei technology as originally planned”.

5G, trump, china
FILE – People stand next to a 5G logo during the Mobile World Congress wireless show, in Barcelona, Spain, Feb. 28, 2018. VOA

But a spokesperson from BT, the parent group of EE, said: “As we have previously stated, Huawei will continue to supply our 5G radio network infrastructure — they remain a valued and innovative supplier.”

Also Read- 80% of Plastic Found on Italian Beaches, Planning for Mass Cleanup

Under the new 5G network, EE said that some customers will break the one gigabit-per-second milestone on their 5G smartphones. The fastest speed possible when EE launched 4G in 2012 was just 50 megabits per second.

“This is the start of the UK’s 5G journey and great news for our customers that want and need the best connections,” said Marc Allera, CEO of BT’s consumer division. (IANS)