Korea's MOIC discusses its role in Korea's internet revolution

Yang Seung-taik, Minister of Korea''s Ministry of Information and Communication explains how the ministry has aided the explosion of broadband internet usage and aims to fully privatize Korea Telecom by June.

FinanceAsia Give me a sense of your priority for 2002.

Yang Seung-taikĀ For the past six months we've startedĀ making broadband internet a universal service.

How do you determine when one technology needs help over another

The implications of promulgating broadband internet are very broad in many aspects. Since last year, telephony ceased to be a so-called blue chip industry, mainly because of the explosion of mobile communications, plus voice-over IT. With this, the usage of fixed line telephony is going to go down and that reflects on the revenue assumptions of the major global telephone companies. On top of that they have over-invested in infrastructure, and they paid a huge...

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