Network developments in support of innovation and user needs

Innovation Information technology Economic development

High-speed broadband networks are a platform supporting innovation throughout the economy today in much the same way electricity and transportation networks spurred innovation in the past.

New innovations such as smart electrical grids, tele-medicine, intelligent transportation networks, interactive learning and cloud computing will require fast communication networks to operate efficiently.

Telecommunication companies have been investing to upgrade their older copper and coax cables to new fibre lines which have vastly larger capacity but the economic crisis has threatened to halt this investment just when consumers and businesses are using more Internet bandwidth. Telecommunication investment largely mimics GDP (gross domestic product) growth - but in a more exaggerated way.

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