While the United States is busy debating whether to spend $6 or $9 billion on a new broadband stimulus package to deliver 100Mbps, and we here in Australia are debating about 12Mbps, South Korea has just decided to spend $24.6 billion on their own broadband infrastructure plan.

South Korea's plan will create 120,000 jobs, with the goal of boosting residential connections to 1 Gbps broadband (FTTH) and 10 Mbps (WiBro), and migrating all voice to NGN technologies using packet based technologies by 2012. Only about $1 billion of the money will come from government the rest will come from carriers.