South Korea wants to lead the world in internet speed. The country’s Ministry of Science and ICT executed a public order on Monday, for projects related to 10Gb gigabit internet! The ministry aims to find equipment developers through the public order that will cooperate with telecom companies and broadcasters for rapid adoption. The country already had more than 6.7 million users attached to gigabit internet speeds which have bee widely commercialized around the country.
The government institutions are to work closely with local IT firms to adopt 10Gb services, the core of next-generation wireless technology. It’s expected to choose up to two organizations to award up to approximately $877,000 in financial support by April 10.
Asia’s fourth-largest economy and one of the most connected countries in the world is aiming for 50-percent coverage of 10 Gb Internet by 2022.
At least three telecommunication companies, KT, LG Uplus, and SK Broadband are planning to roll out 10Gb internet for customers as early as May this year. KT so far has had limited deployment of 10Gb connections in major cities Seoul and Pyeongchang since 2016. The government ministry will also be attempting to find hardware providers to speed up the rate at which these providers can adopt the new technology.
Separately, the government plans to deploy a wireless backhaul network spectrum for use in subways, which it is claimed will increase Wi-Fi speed by one hundred times. It is currently testing 23GHz spectrum and will pilot it next year in April.
In September, SK Telecom successfully reduced latency between handset and base station to 2 milliseconds on 4G LTE network, and said it was close to achieving under 1 milliseconds for 5G.
The government-backed research institute ETRI last week announced that it developed a technology that automatically steers traffic between a 5G network and Wi-Fi.
To understand how far South Korea is willing to go, data shows that approximately 219 million people across the world have access to gigabit internet, roughly 3 percent of the global population. The United States has the highest share with 56.4 million having gigabit Internet available, while Singapore currently has the highest proportion of 95 percent covered.