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+ - My son pays $22/month for symmetric, 100 Mbps Internet service in South Korea

Submitted by lpress
lpress (707742) writes "My son lives about 50 miles outside of Seoul and has a choice of three major Internet service providers and several smaller ones. He pays $22 per month for symmetric, 100 Mbps Internet connectivity (with a two year contract). The Korean ISP market is highly competitive — the major company prices are within a few dollars of each other and repairs and other service is excellent. How is it that Korea has achieved intense ISP competition? There is no simple answer, but the government has pursued a multifaceted policy encouraging investment and demand creation and providing common infrastructure, which is used by compteting ISPs (as in Singapore, Sweden or Latvia)."
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My son pays $22/month for symmetric, 100 Mbps Internet service in South Korea

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