Broadband Investment From Trade Groups Tops $250 Billion
According to data compiled by US Telecom Association, National Cable & Telecommunications and CTIA –The Wireless Association, broadband providers have invested more than $250 billion since 2008 in the effort to expand broadband technology in America. When broken out by sector, from 2008-2010, the investment in wire line capacity was $89 billion, wireless investment was $71 billion and investment in cable was $40 billion. The data illustrates the significant role private investment has played in driving the robust expansion of broadband technology.
Former Senator and Broadband for America Honorary Co-Chairman John Sununu said, "Clearly, the private sector is responding to the demand for better broadband access by making significant investments even during a slow economy. The industry’s investment has led to the rapid expansion of the broadband networks that are the foundation of today’s digital economy."
Former Representative and Broadband for America Honorary Co-Chairman Harold Ford, Jr. remarked, "The investment in broadband has been profound and it amounts to about $2,000 per American household over the past four years. The level of broadband adoption has exceeded every estimate from every expert in the early years of the 21st Century."
To view data from US Telecom, the leading broadband trade association, click here.
To view data from CTIA, the leading wireless industry trade association, click here.
To view data from NCTA, the leading cable trade association, click here.