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Despite having the world's fastest connections, many residents in South Korea rate their broadband service as average.

Such is the conclusion of a new report released by the Korean Communications Commission, which noted that while many companies advertised headline speeds of 100 Mbps, most in fact delivered less than half this transfer rate.

However, notes that the usual 46 Mbps is still well above the average 10 Mbps experienced in most other countries.

In total there are seven major fibre-optic broadband suppliers serving more than 15 million subscribers throughout the country.

Commenting on the figures, Kim Young-wan of Korea Telecom, said: "The rate at which high-speed internet customers are increasing has slowed down a lot.

"That is why internet service providers are looking for new revenue sources such as internet telephony and IPTV services."

There are currently a number of high-speed fibre-optic projects underway in the UK, with BT trialling its 21CN service to homes and businesses in Ebbsfleet in Kent from August.

Use our broadband speed test to find out the speed of your connection and compare potentially faster packages.

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