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Net-Nexus Seoul

An anonymous reader writes: "Wired has a story in their new issue about Seoul, Korea and how it is The Bandwidth Capital of the World It is really interesting how popular the internet and cybercafes are as a social medium there. They also have a huge following of online game players, with over 70% of broadband users playing online. For me, the best quote about the business opportunities that have sprung up is '(We) wanted to focus on interaction. And what is more interactive than games? We made this market. We made new sectors. American media companies were just using online capacity to distribute offline media.'"

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  1. Evidence of this point of view (great quote) by vkg · · Score: 1, Redundant

    "Sure I want to be the biggest telecom company in the world, but it's just a commodity. I want to be able to form opinion.

    By controlling the pipe, you can eventually get control of the content."

    - IDT chairman Howard Jonas