LG HelloVision Struggles To Revive MVNO Business

LG HelloVision reported marginal budget mobile revenue growth of 0.4%, rising to 156.7 billion won last year, and said its budget mobile subscriber base reached about 770,000 in the first half of last year, up roughly 20,000 year-on-year. The MVNO unit, about 10% of group sales, remains flat amid aggressive marketing from South Korea's three major carriers; the firm plans Galaxy S26 promotions and AI sign-up features to spur growth.