Vodafone, LGPlus sign new South Korea partner agreement

Vodafone and LG UPlus have announced a new partner market agreement for South Korea where the former will share best practices with LG Uplus across all areas of their business, including network strategy and development.

LG Uplus will benefit from Vodafone's knowledge and experience to help improve their customer base management capabilities, Vodafone said in a statement, adding that it was the first strategic partnership by LG Uplus with a global telecommunications company since the company's founding in 2010.

Youngsoo Kwon, chief executive for LG Uplus said: "Vodafone is one of the world's leading telecommunications companies and close cooperation will enable us to streamline and improve our existing business performance and pioneer new areas. Vodafone is the ideal partner to help our drive to become world-class."