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(Nikkei BP Group)

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New Year Special Features '99

  • Korea to Expand ATM-Based Information Network
  • January 13, 1999 (SEOUL) — Korea’s Ministry of Information and Communications said the government will upgrade the nation’s phone lines to fit asynchronous transfer mode systems.
    The aim is to provide quicker access to the Internet. The ministry said the installation of fiber optic cables is near completion in major cities around the nation.

    The ministry said the government will also develop Internet access software in 1999, one year ahead of its original plan. The software will offer the quickest way to transmit data on the information superhighway.

    Under the ministry’s plan, all institutions and companies in Korea will access the high-speed Internet service by the year 2002.

    (Maeil Business Newspaper, Korea)

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