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Offers theWiBro.com
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WiBro, Korea's homegrown wireless internet technology, has been officially adopted as one of the international standards for third-generation communications technologies, the Ministry of Information and Communication said yesterday.
The International Telecommunication Union, a global technology policymaking group, approved the Korean-developed technology as the sixth standard for 3G communications in a general meeting in Geneva, Thursday.
The adoption paves the way for local patent holders as well as manufacturers of WiBro-equipped devices, to expand into the global market, experts said.
"It is a milestone in the history of Korea's telecommunications technology and will help us maintain the frontrunner position in the global race for next-generation mobile technologies," said Song Yoo-jong, a ministry official.
WiBro, referred to as mobile WiMAX globally, allows users to surf the internet at speeds of 2-3 mbps while they are moving at speeds of up to 120 kilometers per hour.
WiBro made its commercial global debut when KT, the nation's largest fixed-line telephony and internet operator, and SK Telecom, the largest mobile carrier, launched the cutting-edge service in and around the Seoul area in June 2006.
One year after the much-anticipated launch, the local market for WiBro is yet to fully take off. Only about 67,000 subscribers have signed up for the service.
Still, Samsung Electronics Co. and local manufacturers are racing to roll out devices equipped with WiBro, such as mobile phones and ultra mobile personal computers, hoping that the latest technology will be better received by global customers.
Around 40 countries, including the United States, Japan and the United Kingdom, are preparing to launch the WiBro service, which should provide ample business opportunities for Korean firms.
According to the state-run Electronics and Telecommunications Research Institute, WiBro services will grow into a 38 trillion won ($41.5 billion) market by 2012.
Pundits say the adoption of WiBro as one of the leading global 3G technologies will be a boon to Korean telecom firms, as they can use the same worldwide radio frequency as IMT-2000 when providing the service abroad.
"Before WiBro became the global standard, we estimated the market for WiBro-related devices to be worth 21.3 trillion won. But now, we hope it will grow faster, and (will reach) 31 trillion won by 2012," the ministry said in a statement.
WiBro is expected to bring the country $68 million in royalties by 2024, it added.
The International Telecommunication Union, a global technology policymaking group, approved the Korean-developed technology as the sixth standard for 3G communications in a general meeting in Geneva, Thursday.
The adoption paves the way for local patent holders as well as manufacturers of WiBro-equipped devices, to expand into the global market, experts said.
"It is a milestone in the history of Korea's telecommunications technology and will help us maintain the frontrunner position in the global race for next-generation mobile technologies," said Song Yoo-jong, a ministry official.
WiBro, referred to as mobile WiMAX globally, allows users to surf the internet at speeds of 2-3 mbps while they are moving at speeds of up to 120 kilometers per hour.
WiBro made its commercial global debut when KT, the nation's largest fixed-line telephony and internet operator, and SK Telecom, the largest mobile carrier, launched the cutting-edge service in and around the Seoul area in June 2006.
One year after the much-anticipated launch, the local market for WiBro is yet to fully take off. Only about 67,000 subscribers have signed up for the service.
Still, Samsung Electronics Co. and local manufacturers are racing to roll out devices equipped with WiBro, such as mobile phones and ultra mobile personal computers, hoping that the latest technology will be better received by global customers.
Around 40 countries, including the United States, Japan and the United Kingdom, are preparing to launch the WiBro service, which should provide ample business opportunities for Korean firms.
According to the state-run Electronics and Telecommunications Research Institute, WiBro services will grow into a 38 trillion won ($41.5 billion) market by 2012.
Pundits say the adoption of WiBro as one of the leading global 3G technologies will be a boon to Korean telecom firms, as they can use the same worldwide radio frequency as IMT-2000 when providing the service abroad.
"Before WiBro became the global standard, we estimated the market for WiBro-related devices to be worth 21.3 trillion won. But now, we hope it will grow faster, and (will reach) 31 trillion won by 2012," the ministry said in a statement.
WiBro is expected to bring the country $68 million in royalties by 2024, it added.
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