Vodafone has revealed details of a Partner Market agreement with LG Uplus that majors on bringing enterprise services to the South Korean market.
The two companies said the deal, which started on 1 April, aims to offer unified communications and enterprise services to multinational companies with a presence in South Korea and internationally.
The South Korean mobile operator will also lean on Vodafone’s knowledge in areas such as network strategy and development, according to a statement.
Vodafone Partner Markets CEO Diego Massidda said: “Our new partnership will enable LG Uplus to benefit from Vodafone expertise and experience, in addition to access to our global enterprise products and services.”
Youngsoo Kwon, CEO of LG Uplus, added: “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.”
Set up in 2002, Vodafone’s Partner Markets division now has 31 partners in over 45 countries.
In January, Vodafone signed a Partner Market agreement with Tele2 that covers Sweden, Latvia and Lithuania, providing Tele2’s business customers with Vodafone Global Enterprise services.
In addition, Vodafone and Tele2 agreed to support enterprise customers seeking to purchase services across multiple markets centrally.
Vodafone slumped to a £6.1 billion loss in the 12 months to March after a writedown of its Indian business.