Singapore, Japan, and South Korea remain the most ambitious in the world when it comes to broadband services, according to a new study from the Economist Intelligence Unit.
Now in its third edition, the government broadband report shows that East Asian governments are targeting faster services and greater coverage than other countries. Already considered some of the most advanced broadband economies in the world, all three will significantly extend their lead if they meet targets.
Each has an official plan to provide 1Gbps services within the next two to five years, and both Singapore and Japan aim to cover more than 90% of households with these services over that time frame.
"In Europe, governments have been focused on addressing regional and rural areas the private sector would struggle to serve profitably," says Iain Morris, editor of the report. "As a result, target speeds tend to range from 20Mbps to 50Mbps for between 75% and 90% of households."
Northern countries, including Estonia, Finland and Sweden, are typically more aggressive, targeting speeds of 100Mbps for between 90% and 100% of households within the next five to 10 years.
Approaches vary in other parts of the world, although higher levels of public-sector funding per household covered generally correspond to more government intervention.
Australia is spending the most in public-sector funds per household covered of any country in the world, with a government plan to create, own and operate an ultra-fast network in almost all parts of the country.
In the US and Canada, governments are mainly focused on reducing the so-called 'digital divide' by funding network rollout in rural areas.
MORE ARTICLES ON TECHNOLOGY
CFO innovation Asia Accounting and Regulation the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Accounting Regulation, IFRS, US GAAP, Tax, investor relations, corporate governance, Corporate Law, Financial Regulators, Internal Audit, Audit, Corporate Law. |
CFO innovation Asia, Finance and Banking the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Corporate Finance, trade finance, treasury and risk management, capital expenditure, Banking, mergers and acquisitions |
CFO innovation Asia the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Finance Management, Corporate Governance, Human Resource Management, Compensation and Benefits, Mergers and Acquisitions, Professional Development, Corporate Real Estate, Risk Management, Budgeting and Forecasting, Business Process Management, Business Process Reengineering, Outsourcing. |
CFO innovation Asia Technology the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Finance Systems, Business Intelligence, EPR, Accounting software, CRM, Cloud Computing, Telecommunications, Business Process Outsourcing, Business Process Management Software. |