Broadband Benefitting US Households by Over $30 Billion Annually, According to Study

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Broadband Benefitting US Households by Over $30 Billion Annually, According to Study

By CircleID Reporter
July 15, 2009, 8:41 pm PDT Views: 3,793 Add Comment

According to a recent study, broadband Internet access is now considered by many US households a necessity and they turn to broadband Internet during recession. The study released by Jonathan Orszag, Robert Willig, and Mark Dutz suggests that with $32 billion gains in 2008, consumers increasingly benefit from using broadband at home.

“Once people get a taste of the entertainment, educational opportunities, social networking and everyday services that broadband access facilitates, they grasp the immense value it can add to their lives as a powerful tool, regardless of where they come from,” said Co-Chairman of the Internet Innovation Alliance Bruce Mehlman. “Once a broadband user, always a broadband user.”

Related links: Blog, Press Release, Paper (PDF)

By CircleID Reporter

CircleID’s internal staff reporting on news tips and developing stories. Do you have information the professional Internet community should be aware of? Contact us.

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