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South Korea’s LG U+ wants to be the 3rd telco player in the Philippines – Andanar

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Bryan SnowbyBryan Snow
2018.01.13
2 min read
Tags: 2018InternetLG U+South KoreaTelcoTelecom
in Business, From SnowTechStuff, Technology
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THIS IS GOING TO BE AN EXCITING NEWS!

CES 2018 just wrapped up but our series of articles covering the biggest tech show on earth are still dropping! Check them out HERE.

While there’s also China Telecom slated to be the third telco player in the Philippines with Duterte’s administration backing, most of us are actually doubting about China Telecom, and its services that may disrupt the longstanding duopoly which angered us consumers in a nation which is said to have the slowest internet speed in the Asia Pacific.

READ: China Telecom entering Philippines as third telco – what does it really mean for the Filipinos?

With recent reports surfacing that PT&T is in talks with a South Korean firm to establish a third telco player in the Philippines, we’ve seen so many positive response in the community. Now, according to a report from Philippine Star, LG U+ (Uplus) Corp, South Korea’s third-largest mobile carrier, is eyeing to be the Philippines’ third telecom player.

LG U+ current logo

 

In an interview with DZBB radio on Friday, Presidential Communications Operations Secretary Martin Andanar revealed that a “source” told him that LG is the Korean firm that is in talks with Philippine Telegraph and Telephone Corp (PT&T).

“So this will be very exciting,” Andanar said.

Formerly known as LG Telecom, LG U+ services include personal mobile services, business solution services, and global roaming phone rentals, among others.

Although PT&T hasn’t officially disclosed yet that LG U+ is the South Korean firm that they are talking into (since according to them it was binded by a non-disclosure agreement (NDA)), it will be made soon as an agreement is finalized.

You might like to read: Globe brings back its unlimited broadband plans, removes data caps

Duterte Administration wants a third telecom provider to be up and running by the first quarter of 2018, which if we want to see realized, should be starting now to set up its facilities and offices.

What do you think of LG U+ as the third telco player here in the Philippines? Tell us in the comments below!

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