10 Gbps Internet Services Soon to be Launched in South Korea
Recently, an article on Business Korea reported that 10 Gbps Internet service is planned to be launched this year. Local telecom service providers such as KT, SK Broadband and LG U+ are planning to launch commercial 10 Gbps Internet services within 2018.
This type of service is 10 times faster than the Giga Internet, which provides a speed of 1 Gbps, and thus is capable of stably supporting major Industry 4.0 services such as high-resolution images, virtual reality and augmented reality.
It is because the growth potential of the market is huge that the mobile carriers are concentrating on the commercialization of 10 Gbps Internet services from the beginning of this year. At present, the Giga Internet is the fastest Internet service available and the number of Giga Internet service users is increasing at a rapid pace.
The mobile carriers’ efforts have to do with the policy of the South Korean government as well. Late last year, the government formed a council with the private sector to accelerate the development of commercial 10 Gbps Internet services.
Being able to service newly available technologies is increasingly important across the globe as enterprises consider their investment opportunities in emerging technologies and digital transformation.