Govts Not Brave Enough to Capture $1.4 Trillion Broadband Opportunity – Analyst

Lennighan, Mary. "Govts Not Brave Enough to Capture $1.4 Trillion Broadband Opportunity – Analyst." Total Telecom, June 21, 2012.

From the article: "Governments globally could be missing out on tax revenues worth $1.4 trillion per year as a result of their lack of action when it comes to driving the rollout of fixed broadband networks, one analyst predicted on Thursday…. But there is a reason that many governments are not pushing the broadband agenda, despite the huge potential revenue increase… "A lack of knowledge and understanding is one part," Johnson went on. The fact that returns on investment in broadband infrastructure would likely take longer than the average term in office for a government – five years in the U.K., for example – also discourages government interest.

And wiring up the globe would not come cheap. It would cost around €200 billion to fibre Europe, said Johnson. "Read more