PLMN is combination of MCC and MNC . Each operator has at least one PLMN in use and may have more than one PLMN. UE SIM stores PLMN information. Based on the information stored in UE SIM , Mobile Station (MS) connects to the network.
When a UE connects to the network whose PLMN's MCC and MNC are same as the IMSI PLMN then known as Home PLMN.
When a UE connects to the network whose PLMN's MCC is same as IMSI's MCC but MNC is different then know as Visited PLMN
For example: IMSI = 001011234567890
Network "A" eNodeB broadcasting PLMN's MCC (001) and MNC (01) will be considered as HPLMN for the UE with IMSI "001011234567890".
Network "B" eNodeB broadcasting PLMN's MCC (001) and MNC (02) will be considered as VPLMN for the UE with IMSI "001011234567890".