24 Jan The Gigabit Broadband Race!
Why China is beating the US in the gigabit broadband race?
The main reason for the lack of growth in the United States is the small number of privately-owned broadband companies. Most of the broadband companies in the United States are publicly held, and therefore cannot compete against each other nor form localized monopolies. China, in comparison, has three big state-owned telecom businesses that deliver the gigabit broadband quickly and to as many people as possible.
While there are major barriers in the gigabit industry, the biggest barrier is the cost factor. Rethink predicts in two years “1Gbps broadband will become commonplace and inexpensive.” Rethink also mentions the percentage of active users will still increase from 5% to 8% in the coming years; however, that will change over time as full fiber connections are built out and become the standard for the fastest speed for consumers. As many more buildings start to prefer full fiber connections, the existing infrastructure like G.fast and G.Now will become nonexistent.
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