95 Percent of Korean Households Have Broadband Internet

The Korea Communications Commission has announced that, as of the end of July, fully ninety-five percent of the households in South Korea subscribed to broadband internet. This amounted to 15.09 million households, an increase of 620,000 from the previous year. The breakdown of broadband market share among service providers was as follows:

• Korea Telecom        44.7%
  
• Hanaro Telecom       22.4%
• LG Powercom          13.2%
• Cable TV Operators 19.7%

Although the household internet penetration is nearly at saturation levels, an official at the Commission said that the number is likely to increase when Internet Protocol Television (IPTV) services are launched in the country next year.