Vodafone Group Plc STRATEGIC PARTNERSHIP AGREEMENT WITH LG UPLUS
June 05 2017 - 1:00AM
RNS Non-Regulatory
TIDMVOD
Vodafone Group Plc
05 June 2017
5 June 2017
VODAFONE AND LG UPLUS ANNOUNCE STRATEGIC PARTNERSHIP
AGREEMENT
FOR SOUTH KOREA
Vodafone and LG UPlus today jointly announced a new Partner
Market agreement for South Korea, the first strategic partnership
by LG Uplus with a global telecommunications company since the
company's founding in 2010.
Under the new partnership, which commenced on 1 April 2017,
Vodafone will draw on its global reach and experience to support
the consumer and enterprise operations of LG Uplus. Vodafone will
share best practices with LG Uplus across all areas of their
business, including network strategy and development, with LG Uplus
benefiting from Vodafone's knowledge and experience to help improve
their customer base management capabilities.
Vodafone and LG Uplus will also cooperate to offer unified
communications and enterprise services to multinational companies
with a presence in South Korea and internationally.
Vodafone Partner Markets Chief Executive Diego Massidda
commented, "Our new partnership will enable LG Uplus to benefit
from Vodafone expertise and experience, in addition to access to
our global enterprise products and services. I am delighted that LG
Uplus has joined our Partner Market network and I look forward to
building on our relationship in the coming years."
Youngsoo Kwon, Chief Executive for LG Uplus said: "Vodafone is
one of the world's leading telecommunications companies and close
cooperation will enable us to streamline and improve our existing
business performance and pioneer new areas. Vodafone is the ideal
partner to help our drive to become world-class."
- ends -
For further information:
Vodafone Group
Media Relations Investor Relations
www.vodafone.com/media/contact Telephone: +44 (0) 7919
990 230
LG Uplus
Global Business Team
global@lguplus.co.kr
About Vodafone Group
Vodafone Group is one of the world's largest telecommunications
companies and provides a range of services including voice,
messaging, data and fixed communications. Vodafone Group has mobile
operations in 26 countries, partners with mobile networks in 49
more, and fixed broadband operations in 17 markets. As of 31 March
2017, Vodafone Group had 515.7 million mobile customers and 17.9
million fixed broadband customers, including India and all of the
customers in Vodafone's joint ventures and associates. For more
information, please visit: www.vodafone.com.
About Vodafone Partner Markets
Vodafone's Partner Markets team works to form strategic
alliances with operators all over the world, partnering to offer a
range of global products and services that extend Vodafone's reach
into local markets. Vodafone Partner Market agreements vary from
roaming and service resale to full partner branding. Established in
2002, Vodafone Partner Markets now partners with 31 companies in 49
countries.
About LG Uplus
LG Uplus is focusing on providing customer-centric services
composed of Mobile, B2B solutions and TPS (Triple Play Service:
Broadband, VoIP and IPTV). As of the first quarter of 2017, LG
Uplus had 12.6 million mobile subscribers and 3.67 million
broadband subscribers.
This information is provided by RNS
The company news service from the London Stock Exchange
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