The government plans to implement a project to lay a broadband convergence network (BcN) with a budget of W250 billion (US$204.4 million) by 2014, so that even remote farming and fishing villages can have access to superspeed combined Internet services, including IPTV and VoIP. If this project is completed, the entire country will be crisscrossed with a superspeed Internet grid.
According to the Ministry of Strategy and Finance on Sept. 10, the "project to lay a BcN in farming and fishing regions," worked out by the Korea Communications Commission (KCC) and the National Information Society Agency (NIA), had passed a feasibility review.
Under the plan, the government will build a BcN for about 500,000 households in farming and fishing villages, each with less than 50 homes over the next five years. This project attracts public attention, as it is the second national broadband network project following the Internet superhighway network project in 1995.