South Korea is at the head of the pack when it comes to mobile video and its experience holds lessons for other countries heading down the same path. South Korea currently offers users the option of getting streamed video via digital multimedia broadcasting (DMB), a dedicated frequency that allows cellphones and other portable devices to access TV broadcasts, or 3G.
Above are some of the statistics associated with video streaming in Korea. Despite the popularity, The Wall Street Journal reports that neither the advertising-supported services nor the monthly subscription services are profitable.
"We are very good at making technology and new services," Chung Yun-ho, a telecom industry consultant and managing partner of Seoul-based consulting firm Veyond Partners, told the newspaper. "But considering the business model wisely is not something we are good at."
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