US May Take Fifteen Years To Catch South Korea Internet Speeds

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By Douglas A. McIntyre Updated Published
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youtubeAmerican internet speeds are slow, very slow by international standards. That may be one of the reasons that the $787 billion economic stimulus package has a large financial commitment to building broadband infrastructure.

The US ranks 28th among large countries in internet connection speeds according to new data from the Communications Workers of America. The organizations has a reason to track the information. Many of the union members’ jobs rely on cable and telecom firms continuing  to invest to build  larger broadband  systems, particularly the communications giants Comcast (CMCSA), Time Warner Cable (TWC), AT&T (T) and Verizon (VZ).

The Internet speed champions are led by South Korea, Japan, Sweden, and the Netherlands. In many parts of America particularly those outside big cities, the interest is remarkably slow by global standards. Only 46% of rural households in the US have broadband connections. Alaska, not surprisingly, has the slowest internet connection speeds in America. Delaware and Rhode Island  are at the top of the speed list. The CWA says it would take America fifteen years to catch South Korea in Internet connection speeds based on the rate at which US broadband adoption is running today.

Broadband quality does affect the national interest. The Internet is now used to give subscribers access to news and entertainment, and the video portion of that content relies on good connections speeds. Businesses have become more dependent on the Internet to transfer large files from one location to another and for e-mail, VoIP, and other communications tools.

The Administration’s commitment to broadband may allow the US to be more competitive with other developed nations, but farmers are likely to have to live with dial-up, probably for years. It is simply too expensive to get them bigger pipes.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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