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Global Connectivity Speeds Faster Than a Year Ago

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By Douglas A. McIntyre Updated Published
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Akamai Technologies Inc. (NASDAQ: AKAM) issued its third-quarter report on connectivity. Not surprisingly, connection speeds on average have risen compared to the same period as last year:

The global average connection speed decreased by approximately seven percent between the second and third quarters of 2012 to 2.8 Mbps. South Korea continued to have the highest average connection speed at 14.7 Mbps. Japan (10.7 Mbps) and Hong Kong (8.9 Mbps) rounded out the top three countries for average connection speed in the quarter.

Despite the slight quarter-over-quarter decline, global average connection speed enjoyed healthy 11 percent growth year over year.

Similar to the average connection speed metric, the global average peak connection speed also saw a minor quarter-over-quarter decline, dropping 1.4 percent to 15.9 Mbps. In the third quarter of 2012, Hong Kong boasted the highest peak connection speed at just more than 54 Mbps.

Looking at year-over-year changes, significant improvement was once again seen in the global average peak connection speed, growing 36 percent.

Akamai observed global broadband (>4 Mbps) and high broadband (>10 Mbps) adoption showing solid gains in the quarter. The global high broadband adoption rate grew by 8.8 percent quarter over quarter, reaching 11 percent, while the global broadband adoption rate increased 4.8 percent, growing to 41 percent.

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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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