New Report Takes Broadband Beyond Stimulus Debate Next-Generation Networks, More Speed, Key to Growth Cites Potential for 2 Million Jobs

A new report says next-generation networks capable of providing much faster Internet access are needed to provide the next level of services and applications to consumers.

Released today by the Information Technology & Innovation Foundation, “The Need for Speed: The Importance of Next-Generation Broadband Networks” http://www.itif.org/index.php?id=231 identifies the economic and societal benefits of high-speed broadband, as well as policies needed to encourage further expansion.

“Supporting the widespread deployment of next-generation broadband Internet will enable the emergence of a whole host of online applications and services, many of which we can barely imagine today, that will increase quality of life and boost economic growth,” the report finds.
“The true potential of the next generation broadband network lies in the transformative new functionalities it enables and the innovative Web-based applications it supports.”

The study finds that broadband deployment has the potential to create or save two million jobs for American workers over the time period in which that deployment occurred, further emphasizing the importance of national broadband deployment.

“This report shows us that deploying next generation broadband networks will have profoundly positive benefits for consumers, businesses, academic institutions and society in general,” said ITIF President Robert Atkinson. “Deploying next generation broadband to 80 percent of U.S. households that currently lack it can bring the needed economic stimulus by ensuring approximately two million American jobs.”

The report emphasizes that there is a role for proactive public policies to encourage investment in next-generation broadband networks, such as more favorable tax treatment for such investments.

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Submit your ideas about next-generation broadband http://www.itif.org/index.php?id=232

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