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Friday, September 03, 2004

Internet to Be 50 Times Faster by 2010

This is the kind of news that is just mind boggling. In Korea, the Ministry of Information and Communication (MIC) on Tuesday said it selected three consortiums for trial operations of the Broadband Convergence Network (BcN) services, or the Korean equivalent to the next-generation network.

As a result, Koreans will be able to access the internet at a speed of 100 MPS by 2010. The government will invest US$87 billion for this exercise.

George Bush, recently said, that the US were ranked ten in the worldwide broadband penetration, and that this is the wrong position for the US. However, while the US is beginning to run faster in order to change this ranking, Korea appears to be accelerating.