Korean Housewives Want Speedy Net: "Most [S Korean homes] pay about $33 monthly for an 8 megabit-per-second connection. Wireless access, which allows subscribers to access numerous public Wi-Fi networks, costs an extra $8.50 a month. Koreans spend an average of 16 hours a week on the Internet -- compared to 10 hours for Americans and four hours for the British ..
Such broadband vitality didn't come out of nowhere. The Korean government sank over $1.5 billion into helping create the world's most advanced telecommunications network, according to a report from Britain's Brunel University. The government also offered a range of "soft loans" -- very low-interest loans -- to operators ready to build out infrastructure. ..
"Initially Internet traffic went overseas, 98 percent of it," Son said. "There was no Korean content. But this has changed completely. Domestic traffic is now about 85 percent, and overseas, 15 percent. However, this does not mean that overseas traffic has decreased. Instead, domestic traffic has increased." ..
"So many people are trying to see first what the killer application will be for broadband. In our experience, broadband itself is the killer application," Son said" 2:56:46 AM