So, here are the highlights of what the Korean government, with the political will, is willing to do:
- $24.6 billion will be spent over the next 5 years for the IT upgrade. This project will be undertaken by government and private concerns.
- 120,000 Jobs is estimated to be created.
- Mobile Internet access will increase to 10Mbps.
- Existing landlines will be automatically converted to VOIP.
- IPTV image clarity will increase 16 times.
- IPTV will allow ecommerce and educational applications.
Okay, so we better get cooking here in the US. Heck, this goes for folks everywhere else in the world. Mobility is the future. IPTV, VOIP, or just mobile Internet, more and more folks are relying on the mobile devices to be more productive, stay in touch, and be untethered from their cubicles.
In the US, the House passed their version of stimulus pack while the Senate is expected to take up their own version of the stimulus this week. We're not even close to getting this thing done. There is money for telecom infrastructure but we won't know until the Senate pass their bill and reconcile their version with the House bill. After House and Senate finalize the bill, it will go to the President for his signature.
Via: Joon Gang Daily