SEOUL, South Korea The number of subscribers to high-speed Internet services in South Korea hit 12.2 million as of the end of 2005, up 2 percent from a year earlier, a government report said Monday (Jan. 23).
The Ministry of Information and Communication report said KT Corp., the country’s largest fixed-line and broadband service provider, maintained its top position in the high-speed Internet service with a 51.2 percent market share, or 6.24 million subscribers, last year.
Hanarotelecom Inc. followed KT with a 22.7 percent share. Thrunet Co., ranked third with 6.9 percent in the market share, followed by Onse Telecom Co. with 2.9 percent. Hanrotelecom merged with Thrunet on January 1, 2006.
More than two-thirds of South Korea’s 48 million population use Internet services, according to government figures. An OECD report said last year the country topped the list of the international economic body’s member countries in high-speed Internet service penetration rates.