Today: 20 March 2026
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KRX:032640 6 July 2025

Lightning-Fast Internet Everywhere: Inside South Korea’s Blazing Broadband Empire and 6G Ambitions

Lightning-Fast Internet Everywhere: Inside South Korea’s Blazing Broadband Empire and 6G Ambitions

Nearly 89% of broadband connections in South Korea are fiber-optic, the highest global share as of 2023. SK Telecom reported over 15 million 5G subscribers by late 2023. The government targets commercial 6G by 2028, with a LEO satellite test planned for 2027. Starlink received regulatory clearance and is expected to launch service in June 2025.

Stock Market Today

  • Crude Oil Prices Surge Amid Iran Conflict and Strait of Hormuz Closure
    March 20, 2026, 1:57 PM EDT. Crude oil and gasoline prices rose sharply as tensions escalate in Iran, with the Strait of Hormuz closed and attacks targeting Middle Eastern energy infrastructure. U.S. considerations to seize Iran's Kharg Island, a vital oil export site, and Pentagon deployments add to market jitters. Qatar reports major damage to its LNG export facilities, while Kuwait, Bahrain, Saudi Arabia, and UAE face disruptions from missile and drone strikes. Supply constraints push crude prices higher, with Goldman Sachs warning of a potential rise beyond the 2008 record high near $150 a barrel. Despite OPEC+ planning output increases, Middle Eastern producers are forced to cut production by roughly 6%. Floating crude storage, particularly of Russian and Iranian oil, rises amid sanctions. The market balance tightens as geopolitical risk fuels price momentum.
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