Sunday, November 22nd, 2009

The Broadband Arms Race

May 20th, 2008 | By Justice Litle | Category: Politics & Economics

By 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.

Falling Behind: Broadband download speed, average in megabits per second

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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By Justice Litle

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About the Author

Justice LitleJustice Litle is Editorial Director for Taipan Publishing Group. He is also a regular contributor to Taipan Daily, a free investing and trading e-letter, and Editor of Taipan's Safe Haven Investor and newly introduced research advisory service, Macro Trader.

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