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More Ways Private Investment Is Driving Broadband Advancement

August 18, 2014

iStock_000003994351MediumAccording to the White House, “Responding to the increasing consumer demand for services accessed through broadband, the private sector has been driving important advances in infrastructure and technology.” Indeed, between 2009 and 2013, private sector companies invested $200 billion in wired and wireless broadband networks.  The White House report also noted, “Just two of the largest U.S. telecommunications companies account for greater combined stateside investment than the top five oil/gas companies, and nearly four times more than the big three auto companies combined.”

The investment continues today. Here are just a few recent investments and statistics we’ve noticed:

  • A new report from the Mercatus Center at George Mason University found “in 2013 just 26 percent of people in the EU had access to 4G/LTE (long-term evolution) wireless networks, but 97 percent of Americans had the ability to access these networks.”
  • Want super-fast Internet speeds? PC Worldreported earlier this month that “CenturyLink will provide gigabit service to both homes and businesses in Columbia and Jefferson City, Mo.; Denver; Las Vegas; Minneapolis-St. Paul; Omaha; Orlando; Portland, Ore.; Salt Lake City; and Seattle.”
  • According to Bustle.com, Starbucks’ free Wi-Fi service is the fastest free Wi-Fi system in the U.S.
  • Want faster speeds at lower prices? Sprint is expected to announce a new pricing package this week.