LG Telecom
Encyclopedia
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...
n telecommunications and Mobile phone operator controlled by the LG Group
LG Group
LG Corp. is the second-largest South Korean conglomerate company following Samsung, and it is headquartered in the LG Twin Towers in Yeouido-dong, Yeongdeungpo-gu, Seoul. LG produces electronics, chemicals, and telecommunications products and operates subsidiaries like LG Electronics, LG Display,...
, one of the country's largest chaebol
Chaebol
Chaebol refers to a South Korean form of business conglomerate. They are global multinationals owning numerous international enterprises. The term is often used in a context similar to that of the English word "conglomerate"...
. It was formerly known as LG Telecom.
LG Telecom became one of the first companies to launch a commercial 3G
3G
3G or 3rd generation mobile telecommunications is a generation of standards for mobile phones and mobile telecommunication services fulfilling the International Mobile Telecommunications-2000 specifications by the International Telecommunication Union...
service using PCS
Personal Communications Service
At the most basic level Personal Communications Service or PCS describes a set of wireless communications capabilities that allows some combination of terminal mobility, personal mobility, and service profile management...
technology. In 1997, this was followed up by launching the second PCS
Personal Communications Service
At the most basic level Personal Communications Service or PCS describes a set of wireless communications capabilities that allows some combination of terminal mobility, personal mobility, and service profile management...
network, offering greatly increased data transmission speeds.
LG Telecom also offers a variety of mobile services. BankOn is one of the most popular Mobile banking
Mobile Banking
Mobile banking is a term used for performing balance checks, account transactions, payments, credit applications and other banking transactions through a mobile device such as a mobile phone or Personal Digital Assistant . The earliest mobile banking services were offered over SMS...
services in South Korea and MusicOn is an on-line music store.
In July 2006, the South Korean government has cancelled LG Telecom's business license for a W-CDMA
W-CDMA
W-CDMA , UMTS-FDD, UTRA-FDD, or IMT-2000 CDMA Direct Spread is an air interface standard found in 3G mobile telecommunications networks. It is the basis of Japan's NTT DoCoMo's FOMA service and the most-commonly used member of the UMTS family and sometimes used as a synonym for UMTS...
wireless communications system after the company opted not to develop the technology. LG Telecom will instead continue investing and upgrading in its CDMA2000
CDMA2000
CDMA2000 is a family of 3G mobile technology standards, which use CDMA channel access, to send voice, data, and signaling data between mobile phones and cell sites. The set of standards includes: CDMA2000 1X, CDMA2000 EV-DO Rev. 0, CDMA2000 EV-DO Rev. A, and CDMA2000 EV-DO Rev. B...
EV-DO
Evolution-Data Optimized
Evolution-Data Optimized or Evolution-Data only is a telecommunications standard for the wireless transmission of data through radio signals, typically for broadband Internet access...
Rev. A network.
In January 2010, LG Telecom merged with LG Dacom and LG Powercom.
As of 1 July 2010, LG Telecom changed its name to "LG U+".
In July 2011, LG U+ started LTE.
See also
- List of Korea-related topics
- Economy of South KoreaEconomy of South KoreaSouth Korea has a market economy which ranks 15th in the world by nominal GDP and 12th by purchasing power parity , identifying it as one of the G-20 major economies. It is a high-income developed country, with a developed market, and is a member of OECD...
- Communications in South KoreaCommunications in South KoreaCommunications services improved dramatically in the 1980s with the assistance of foreign partners and as a result of the development of the electronics industry...
- ChaebolChaebolChaebol refers to a South Korean form of business conglomerate. They are global multinationals owning numerous international enterprises. The term is often used in a context similar to that of the English word "conglomerate"...
- SK TelecomSK TelecomSK Telecom Co., Ltd. or Sunkyoung Telecom is a South Korean wireless telecommunications operator, controlled by the SK Group, one of the country's largest chaebol. As a part of SK Group, SK stands for Sun Kyung.SK Telecom is a provider of mobile service in Korea, with 50.5% of the market share as...
- KT