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All Korea To Have 1Gbps Broadband By 2012?

Posted by ScuttleMonkey on from the gotta-have-good-net-for-starcraft-binges dept.

An anonymous reader writes to tell us that while 60 Mbps may be enough to get us excited in the US, Korea is making plans to set the bar much higher. The entire country is gearing up to have 1 Gbps service by 2012, or at least that is what the Korea Communications Commission (KCC) is claiming. '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 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.'"

13 of 386 comments (clear)

  1. Botnets by Anonymous Coward · · Score: 5, Interesting

    I bet the botnet operators are furiously masturbating right now. With that kind of bandwidth, they could destroy anything they wanted.

  2. Food for thought by Taevin · · Score: 5, Insightful

    Korea is roughly 1/100th the size of the US. If we estimate a similar plan in the US based on size only, it would cost $2.46 trillion USD. The Korean government is paying 1.3 trillion of the 34.1 total (or roughly 4%). If the US government did something similar, it would be about $100 billion USD. If they were generous they might give 8% which would be about $200 billion USD. I wonder what might happen if the US gave its private telecom companies $200 billion to execute such a plan...

    1. Re:Food for thought by nine-times · · Score: 5, Insightful

      I wonder what might happen if the US gave its private telecom companies $200 billion to execute such a plan...

      The executives of those telecoms would get really huge bonuses.

    2. Re:Food for thought by Loadmaster · · Score: 5, Insightful

      Again!

    3. Re:Food for thought by Loadmaster · · Score: 5, Informative

      It would be, but that wasn't his point. This was:

      http://www.pbs.org/cringely/pulpit/2007/pulpit_20070810_002683.html

    4. Re:Food for thought by Spazztastic · · Score: 5, Informative

      For the readers who don't already know: $200 Billion Broadband Scandal

      --
      Posts not to be taken literally. Almost everything is sarcasm.
    5. Re:Food for thought by fm6 · · Score: 5, Insightful

      They'll get them anyway. U.S. corporate executives get bonuses when their companies are making money (reward for doing well), when they're losing money (it could have been worse), when their market share grows (keep up the good work!), when it shrinks (somebody has to make the hard choices) and most of all when they fire people or make them take lower pay (somebody has to watch the bottom line).

      The problem here is not that corporations have too much money. I mean, Merrill Lynch paid out billions in bonuses as the company was facing a fatal tide of red ink. They even paid them early so they'd go through before the company was taken over by BofA.

      The problem is a corporate ruling class with an extreme sense of entitlement.

    6. Re:Food for thought by Shakrai · · Score: 5, Insightful

      Certainly if I were a shareholder I'd want to handsomely reward any executive who could look after the company's interests so well.

      And as a taxpayer you'd probably want to hang them from the nearest lamppost

      --
      I want peace on earth and goodwill toward man.
      We are the United States Government! We don't do that sort of thing.
  3. Not "all Korea" by elrous0 · · Score: 5, Insightful

    I'm pretty sure the northern part would be happy to just get some food.

    A map tells the tale better than words.

    --
    SJW: Someone who has run out of real oppression, and has to fake it.
  4. Meanwhile by SRowley · · Score: 5, Informative

    All of Britain's going to have 2Mbps broadband.

  5. And the *real* useful bandwidth will be? by hwyhobo · · Score: 5, Insightful

    Just because you pull fiber to someone's home and claim it is capable of 1Gbps, it doesn't mean you will get a useful 1Gbps. At some point all those strands of fiber are going to meet in a Central Office. How much bandwidth will they have on the backbone? What about their connection to other offices? How much bandwidth will the long-haul links have?

    --
    End anonymous moderation and posting on /.
  6. They are getting ready by nobodylocalhost · · Score: 5, Funny

    for the second comming of starcraft!!!

    --
    Where is the "Ignorant" mod tag?
  7. Re:Well, I think you know the answer to that. by jgtg32a · · Score: 5, Funny

    Insightful + Sad = Funny?