WASHINGTON, D.C. – Broadband providers have invested more than $250 billion in the effort to expand access to broadband technology since 2008, according to data compiled by USTelecom Association, National Cable & Telecommunications Association and CTIA–The Wireless Association.
Broadband for America (BfA) – a coalition of over 300 members – said the new data from these leading industry trade associations illustrates the significant role private investment has played in driving the robust expansion of broadband technology. Industry analysts project that 2011 investment alone will be at least $60 billion.
Former U.S. Senator and Broadband for America Honorary Co-Chairman John Sununu said, “Clearly, the private sector is responding to the demand for better broadband access by making significant investments, even during a slow economy. The industry’s investment has led to the rapid expansion of the broadband networks that are the foundation of today’s digital economy. In addition, this investment has been a steady source of good-paying jobs in the information and communications technology sector, which employs millions of Americans. With unemployment stubbornly in the nine percent range, broadband has been one of the few bright spots on the jobs front.”
Former U.S. Representative and Broadband for America Honorary Co-Chairman Harold Ford, Jr. said, “The investment in broadband has been profound and it amounts to about $2,000 per American household over the past four years. The level of broadband adoption has exceeded every estimate from every expert in the early years of the 21st Century.”
The new report shows that when broken out by sector, capital investment in wire line capacity for the three years of hard data (2008-2010) was $89 billion, wireless investment was $71 billion and investment in cable was $40 billion.
The report also said that since the early 1990s, when the Internet went from being a tool for defense and academic users to a venue for commercial development, the total investment has exceeded $1 trillion. There are 1,519 broadband providers in the country providing services to more than 200 million American high-speed Internet users.
To view data from US Telecom, the leading broadband trade association, click here.
To view data from CTIA, the leading wireless industry trade association, click here.
To view data from NCTA, the leading cable trade association, click here.
There are more than 80 million fixed broadband connections in the United States. As of June 30, 2010 there were more than 71.2 million mobile broadband users. More than 9.5 million Americans are employed in Information and Communications Technology related jobs.
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