By the end of 2012, South Korea intends to connect every home in the country to the Internet at one gigabit per second. That would be a tenfold increase from the already blazing national standard and more than 200 times as fast as the average household setup in the United States.
And especially get this bit:
South Koreans pay an average of $38 a month for connections of 100 megabits a second, according to the Organization for Economic Cooperation and Development. Americans pay an average of $46 for service that is molasses by comparison.
Mr. Choi declined to guess what private South Korean service providers might charge for the one-gigabit service. But he said it would be nowhere near the $70 a month charged for gigabit rates in Japan.
“I can’t imagine anyone in Korea paying that much,” he said. “No, no, that’s unthinkable.”
Boldfaced emphasis added by me.
Several things about this article get up my nose.