South Korea to push WiBro technology in South America

Bnamericas Published: Monday, March 16, 2009
South Korea is planning to market its wireless broadband (WiBro) technology in Latin America, the government said in a statement. The government believes that demand for high-speed internet access will surge in the coming years. "The market is attractive because countries in the region have made steady economic growth, but have relatively poor information technology infrastructure. The terrain and sparse population in some regions have made infrastructure building commercially non-viable," the government said. "Such conditions make the region ideal for Wibro and other mobile IT systems," it added. WiBro is a wireless broadband internet technology being developed by the South Korean telecoms industry, including Samsung Electronics, which led its development. A mission comprised of government officials and executives is currently visiting South American countries such as Peru, Brazil and Colombia to show the benefits of this technology.

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