The Broadband Arms Race
May 20th, 2008 | By Justice Litle | Category: Politics & EconomicsBy most technological measures, the U.S. is still way out in front. But in some key areas, like broadband technology and high-speed Internet access, much of the world has left America behind.
The Wall Street Journal reports that many U.S. cities are now desperate to step up their levels of high-speed Internet access. They rightly see broadband as a backbone of future possibilities, from commerce to education to better delivery of basic goods and services.
While it’s not so hot to see the U.S. so far down the league tables on broadband, it is exciting to think of the opportunity being created elsewhere. As countries like Hungary and Poland pick up blazing speed online, opportunity for growth picks up speed, too.
It’s great news for investors to see the rest of the world charging ahead in key areas like broadband. That means more countries to invest in, more places to shelter from a falling dollar, and more chance to participate in the biggest story of the 21st century — emerging market growth.
Justice Litle
Editorial Director, Taipan Publishing Group
Source: The Broadband Arms Race
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Justice Litle is Editorial Director for 