Korea Telecom (KT) will roll out a new mobile wireless broadband service by mid-2006 called WiBro.

WiBro is one of the next steps beyond 3G known as mobile WiMax and will provide subscribers up to 10 Mbytes of data transfer per second while driving at 75 miles per hour. Current trials have already shown KT subscribers downloading at 4 Mbytes per second at cruising speeds.

KT said the first deployment will be in the Seoul metropolitan area, with further deployments gradually expanding across the country. Koh, Jong-Seog, vice president of KT’s Mobile Internet Business Group, is quoted in an article on EETimes, stating that the new service is expected to provide KT with additional sales of approximately 10 trillion won ($10 billion) through 2010. As SK Telecom and Hanaro Telecom are providing similar WiBro services, high speed broadband will no doubt expand quickly through the Korean consumer and business market.