LG Uplus Partners with FastFive, the No.1 Shared Office Provider

Im Jang-hyuk, Head of Corporate Infrastructure Business Group at LG Uplus (right), and Kim Dae-il, CEO of Fast Five, are posing for a commemorative photo after signing a business agreement.

[Asia Economy Reporter Joesulgina] LG Uplus announced on the 21st that it has signed a business agreement with the shared office operator ‘FastFive’ to expand the corporate-exclusive solution market.

FastFive is the number one shared office company in Korea with 36 branches nationwide, and its cumulative number of users reaches about 13,000 companies. Through this business agreement, the two companies will offer discounts on LG Uplus’s communication products including internet phones, web fax, Works, and working hours management, which are corporate-exclusive solutions, to companies residing in FastFive, and will conduct joint marketing.

Recently, shared offices have seen an increase in tenants ranging from startups to small and medium-sized enterprises with 50 to 300 employees, as well as large corporations. LG Uplus plans to expand its customer base by providing essential corporate solutions to companies that are in the startup or expansion phase. Companies residing in FastFive are expected to improve work efficiency by using LG Uplus’s solutions at affordable costs.

LG Uplus’s communication products and corporate-exclusive solutions are also introduced through the Benefit Page, a partnership benefit introduction site available to FastFive’s tenant companies. Tenant companies can check information such as details and discounts on various solutions through the Benefit Page and conveniently subscribe to desired products.

In the future, the two companies plan to support the success of tenant companies by providing stable communication environments and solutions. LG Uplus will continue various collaborations, including providing new corporate solutions through FastFive’s recently launched professional IT consulting service, ‘FiveCloud’.

Kim Dae-il, CEO of FastFive, said, “Through collaboration with LG Uplus, we can offer various solutions to tenant companies at discounted prices,” and added, “We plan to expand cooperation with LG Uplus so that tenant companies can receive more benefits in the future.”

Lim Jang-hyuk, head of LG Uplus’s Corporate Infrastructure Business Group, said, “We will target the corporate solution market through partnerships with shared offices, which are key hubs where businesses gather,” and added, “We plan to continuously expand cooperation in the future.”