Here's an excellent article in today's New York Times (registration required) that illustrates how the Internet boom is colliding with reality in rural areas of the United States that still rely on sluggish, impractical dial up Internet access that was state of the art when Bill Clinton was entering the White House in 1993.
The article details declining economies of scale as major telcos sell off land lines, inconsistent federal subsidies, and impatient capital that discourages private sector investment in rural telecom infrastructure.
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