[LGU+ Conference Call] "LG HelloVision Operating Profit Maintains Q1 Level... Strengthening Fundamentals"

[Asia Economy Reporter Kim Heung-soon] Lee Hyuk-joo, Chief Financial Officer (CFO) of LG Uplus, said during the conference call held after the announcement of the first quarter 2020 earnings on the 8th, "Although LG HelloVision's operating profit in the first quarter was evaluated to be about 7 billion KRW, we are still hungry," adding, "Going forward, we need to maintain operating profit at the first quarter level while strengthening the business structure."

The CFO said, "From a win-win perspective for both LG Uplus and LG HelloVision, we need to integrate differentiated services into Internet (IP) TV and secure the fundamental competitiveness of LG HelloVision's cable TV business," adding, "We are also considering issues such as product bundling using LG Uplus's network."

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