Korean firms detail IPTV plans for 2008
2008/04/01 09:25Korea's Internet Protocol Television (IPTV) firms have detailed their plans for 2008 with the number of subscribers expected to reach the 2 million mark this year:
KT, the dominant telephone and broadband Internet service provider, alone plans to spend 1.3 trillion won, and LG Dacom and Hanarotelecom respectively allotted 146.4 billion won and 122.1 billion won for the Internet TV business.
A large part of the money will be used in expanding and improving Internet networks, the report said, since it is difficult to guarantee high quality for real-time TV broadcasting on existing networks. Purchasing TV content is another big expenditure, the report said.
The National Assembly passed a bill in December to setup the rules for IPTV services such as live broadcasting of shows and new interactive services.
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