All Koreans to Have 1Gbps Broadband by 2012

Posted on Tuesday, Feb 03 2009 @ 03:25 CET by Thomas De Maesschalck
In America we think Charter's 60 Mbps Cable is fast, well in Korea the entire country will have 1 Gbps service by 2012, that's 16 times faster than Charter's fastest 60Mbps highspeed service. Currently, Koreans can get speeds up to 100 Mbps, which is still nearly double the speed of Charter's new 60 Mbps service. The new plan by the Korea Communications Commission (KCC) will cost 34.1 trillion ($24.6 billion USD) over the next five years. The central government will put up 1.3 trillion won, with the remainder coming from private telecom operators. The project is also expected to create more than 120,000 jobs - a win for the Korean economy.

Read more at TechFragments.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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