Faster broadband speeds linked to higher income levels, says Ericsson report

A HIGHER BROADBAND speed can contribute to a higher income level, according to a new report from Ericsson. The report, entitled Measuring the Impact of Broadband on Income, analyzed data from several Organization for Economic Co-operation and Development (OECD) countries, as well as Brazil, India and China (BIC), investigating the similarities and differences between them. It measured the impact of broadband speed on household income by analyzing whether leveraging the benefits of faster broadband can improve competitiveness in the labour market. Key findings from the report include: - The benefits of increasing broadband access speed are nonlinear and stepwise, with a...