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Broadband inaction leads to $7tn per year in lost GDP - telecoms.com

Point Topic's CEO claims many politicians are "not brave enough" to push the broadband agenda Tax revenues worth as much as $1.4tn per year are being missed by governments around the world as a result of sluggish rollout of fixed broadband networks, according to UK research firm Point Topic. Speaking at the CommunicAsia event which took place in Singapore last week, Point Topic CEO Oliver Johnson said: “[There is] a $6.9tn per year increase in GDP that we’re not getting because we don’t have broadband everywhere.” He added that this...

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Published By: telecoms.com - Monday, 25 June, 2012