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Korea’s LG Uplus busts through 1mn IPTV subs

South Korean telco LG U+ has passed the significant milestone of 1mn IPTV subscribers in the third quarter of this year, up 21% from one year earlier, according to figures posted on its website.

The company added 21,246 subscribers for the service in the three months to September 2012, bringing its total to 1,001,531 customers, according to the monthly fact sheet for October.

Local news agency Yonhap reported earlier this month that South Korea’s three IPTV operators (KT, SK Broadband and LG U+) are together adding around 30-40,000 subscribers per week, and were on the very cusp of passing a combined total of 6mn subs.

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