By the end of 2012, South Korea intends to connect every home in the country to the Internet at one gigabit per second. That would be a tenfold increase from the already blazing national standard and more than 200 times as fast as the average household setup in the United States.
A pilot gigabit project initiated by the government is under way, with 1,500 households in five South Korean cities wired. Each customer pays about 30,000 won a month, or less than $27.“South Korean homes now have greater Internet access than we do,” President Obama said in his State of the Union address last month. Last week, Mr. Obama unveiled an $18.7 billion broadband spending program.
While Americans are clip-clopping along, trailing the Latvians and the Romanians in terms of Internet speed, the South Koreans are at a full gallop. Their average Internet connections are far faster than even No. 2 Hong Kong and No. 3 Japan, according to the Internet analyst Akamai Technologies.
Read more at - 'Home Internet May Get Even Faster in South Korea'