LG Uplus Q3 2026 profit rises as AI data center revenue grows 27.7%
LG Uplus reported third-quarter operating profit of 297.6 billion won and said it has secured customers for all 200 MW of its Paju AI data center.
LG Uplus reported third-quarter 2026 revenue of 3.9813 trillion won and operating profit of 297.6 billion won, and said it will focus its AI business on AI data centers and AI contact centers, according to techm.kr. Capital expenditure in the quarter reached 569.8 billion won, up 19.2% quarter-on-quarter and 30.1% year-on-year.
AI data center revenue came in at 131.7 billion won, up 6.1% from the previous quarter and 27.7% from a year earlier. The company's Paju AI data center is planned to have four buildings totaling 200 MW, with the first 50 MW building scheduled to begin operation in June 2027. LG Uplus said it has secured customers for all 200 MW.
The company also said it is pursuing two to three DBO projects with external partners, including asset managers.
Mobile performance
Mobile revenue was 1.6867 trillion won, with 11.247 million handset subscribers. 5G subscribers totaled 9.611 million, or 85.5% of handset subscribers. ARPU stood at 35,764 won, rising for the first time in five quarters.
Separately, LG Uplus said IP network subscribers have grown at an average annual rate of more than 25% since 2021.
Quick answers
What were LG Uplus's third-quarter 2026 results?
Revenue was 3.9813 trillion won and operating profit was 297.6 billion won.
When will the Paju AI data center open?
The first 50 MW building is scheduled to begin operation in June 2027, part of a four-building, 200 MW campus.
How much did LG Uplus spend on capital expenditure in the quarter?
569.8 billion won, up 19.2% quarter-on-quarter and 30.1% year-on-year.