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Home : September 04 2014 Computer News : FCC's Wheeler: US needs more high-speed broadband competition

FCC's Wheeler: US needs more high-speed broadband competition

September 04, 2014

U.S. residents lack meaningful choices for broadband providers that offer 25Mbps or faster download speeds, and the U.S. Federal Communications Commission will push for more competition, the agency’s chairman said Thursday.While more than 93 percent of U.S. residents have access to a broadband provider, fewer than 15 percent can buy service from more than two wired providers that offer “yesterday’s broadband” with 4Mbps download speeds, FCC Chairman Tom Wheeler said during a speech at Washington, D.C., startup incubator 1776.“At the low end of throughput ... the majority of Americans have a choice of only two providers,” Wheeler said. “That is what economists call a duopoly, a marketplace that is typically characterized by less than vibrant competition.”To read this article in full or to leave a comment, please click here

Link: http://www.pcworld.com/article/2602723/fccs-wheeler-us-needs-more-highspeed-broadband-competition.html#tk.rss_all
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