Feeds

Broadband delays costing US $500bn per year

Needs to lose its 'luxury' status

  • alert
  • submit to reddit

Security for virtualized datacentres

The US is missing out on $500 billion per year through broadband delays.

Just connecting half the country's households to high-speed Net access would be worth around £200 billion, according to a report out today from the Brookings Institution.

Benefits would come from increased online home shopping, and e-service replacements for traditional phone and health services.

Meanwhile, more broadband use would lead to increased demand for new or updated computers and Internet-related equipment - around 60 per cent of households in the US have a computer.

This would add around $100 million to business, according to the study conducted by Brookings economist Bob Crandall and engineering consultant Charles Jackson.

These estimates for the potential value of broadband are "based on the assumption that broadband evolves its 'luxury' status into a household necessity over time," the survey states.

Half of all US houses currently have residential Internet connections, while less than eight per cent have broadband. ®

Related Link

The $500bn opportunity: The Potential Economic Benefit of Widespread Diffusion of Broadband Internet Access

Related Stories

Americans have broadband - at work
Broadband only good for porn

Secure remote control for conventional and virtual desktops

More from The Register

next story
Blockbuster book lays out the first 20 years of the Smartphone Wars
Symbian's David Wood bares all. Not for the faint hearted
'Serious flaws in the Vertigan report' says broadband boffin
Report 'fails reality test' , is 'simply wrong' and offers ''convenient' justification for FTTN says Rod Tucker
This flashlight app requires: Your contacts list, identity, access to your camera...
Who us, dodgy? Vast majority of mobile apps fail privacy test
Apple Watch will CONQUER smartwatch world – analysts
After Applelocalypse, other wristputers will get stuck in
Shades of Mannesmann: Vodafone should buy T-Mobile US
Biting the bullet would let Blighty-based biz flip the bird at AT&T
Drag queens: Oh, don't be so bitchy, Facebook! Let us use our stage names
Handbags at dawn over free content ad network's ID policy
Net neutrality fans' joy as '2.3 million email' flood hits US Congress
FCC invites opinions in CSV format, after Slowdown day 'success'
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.