Download the required files here first
Next, follow these instructions found on Yahoo Groups.

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INSTALLATION INSTRUCTIONS FOR LG CU500 USB DRIVER FOR MAC OSX
FOR USING THE LG CU500 AS A MODEM VIA USB DATA CABLE TO TETHER (DUN)
1) Replace this file:
/System/Library/Extensions/IOUSBFamily.kext/ Contents/PlugIns/AppleUSBCDCACMData.kext/ Contents/Info.plist2) Update the Kernel Extension Cache By Opening the program ‘TERMINAL’ and typing in the following command at the Terminal Prompt:
sudo touch /System/Library/Extensions
3) Reboot the Computer (THIS IS REQUIRED DO NOT SKIP THIS STEP!)
4) Once The Mac has completed the Reboot from step 3, please OPEN ‘Disk Utility’ and REPAIR PERMISSIONS of your Main Mac OSX hard drive (the volume where Mac OSX is installed, if you have more than one hard drive)
THIS STEP IS REQUIRED OR YOU WILL GET THE FOLLOWING ERROR When You Plug In the USB Cable: “Extention: /System/Library/Extensions/IOUSBFamily.kext/ Contents/PlugIns/AppleUSBCDCACMData.kext Not properly installed, please get an updated version from your manufactuer or vendor. ”5) Now Plug in the USB Data Cable and Connect it to the LG CU500, and BAM it will Pop Up a window saying it was recognized correctly as “LG USB MODEM”
6) Using the Modem Script Provided in this (PCS INTEL EVDO 1.0 Modem script) apply correct cingular settings:
APN (Primary Number): 99**1# Username: WAP@CINGULARGPRS.COM (ALL CAPS) Password: CINGULAR1 (ALL CAPS) Modem Script: PCS Intel EVDO 1.0 * in PPP Options (System Prefs >> Network >> LG Usb Modem) Make sure “PPP Echo Packets” is UNCHECKED, as well as “WAIT FOR DIALTONE BEFORE DIALING” is UNCHECKED7) ALL DONE NOW THANK ME!
-jsawhny
The ROM in the Qualcomm chipset has a wrong value in it, preventing OSX
from recognizing the chipset as a valid serial port. This has been reported
to Apple and a patch will hopefully happen before 10.5
Oct 26, 06:22 pm
Hi. The “these instructions” link to Yahoo Groups doesn’t work. Can you please check? Thanks