Mobile wireless broadband service for handsets and laptops first offered commercially in South Korea in June 2006 by KT and SK Telecom. WiBro was originally intended as a South Korean standard, but it has been harmonized with the IEEE 802.16-2005 mobile WiMAX standard. WiBro emerged from a South Korean MIC-sponsored project to develop a standard for high-speed portable Internet (HPi). The former MIC had hoped that HPi would lead to new global opportunities for South Korean industry, similar to those arising from its early adoption of CDMA.