Universal 4Mbps broadband comes with a US$23.5 billion price tag

The developed world is fast heading towards a globally networked information economy. Any government that fails to recognize that high-speed Internet access is fundamental to future economic growth and prosperity runs the risk of quickly ending up on the wrong end of a digital divide. While this applies to countries as a whole it also apples to residents within a country, with some spoiled for choice when it comes to broadband access while others in more remotes areas are left wanting. In a bid to ensure broadband access to all people in the U.S., the Federal Communications Commission (FCC) has set a 4Mbps download target for universal broadband with its National Broadband Plan. The undertaking will cost US$23.5 billion.

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