LG Uplus "Year-End and New Year Social Distancing Increases Home Stay Traffic... Equipment Expansion"
VOD·OTT Demand Growth Forecast
[Asia Economy Reporter Cha Min-young] LG Uplus announced on the 27th that it has prepared special network communication measures ahead of the traffic increase expected due to the New Year 2022.
LG Uplus predicted that many customers would stay indoors this year-end and New Year period as outdoor events such as watching the year-end sunset and New Year's sunrise will not be held due to social distancing.
Accordingly, it is expected that viewing of U+tv Video On Demand (VOD) and Over-The-Top (OTT) video services will increase. To respond to the traffic increase, LG Uplus has completed equipment expansion and quality optimization work at major facilities nationwide.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- Signed Without Viewing for 1.6 Billion Won... Jamsil and Seongbuk Jeonse Prices Jump 200 Million Won in a Month [Real Estate AtoZ]
- "Groups of 5 or More Now Restricted"... Unrelenting Running Craze Leaves Citizens and Police Exhausted
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
LG Uplus stated, "We operate a network control center 24 hours a day at the Magok building in Gangseo-gu, Seoul, and since the outbreak of COVID-19, we have dispersed control personnel to prepare for infection spread."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.