Let's say further, best priced and most efficient for the fees they levy!
Analyzed from an NY Times article on markets being too concentrated, an unrelated but equally important insight came to the fore...
The above image from the NY Times article wants to reiterate that while US doesn't have the best internet speed among the countries studied, it also has high-priced internet! Thus, lagging far behind countries like South Korea, Netherlands, Denmark and several others. Home to some of the internet giants like Facebook and Google, the US is certainly not the winner in internet speed and price efficiency!
Here's my further analysis on which countries have the best Internet. The key obviously remains highest speed at lowest prices.
Have a look:
It is interesting to see that countries with highest internet speeds have comparatively lower prices and vice versa... talk about economies of scale? Or are there other hindrances to efficient widespread internet speed and cost-reduction pertaining to technical and regulatory factors? That would be an interesting issue to probe next... meanwhile, net-users in the top 6 countries will be able to reflect on the problem best... after all the pages must load faster there! :)
Analyzed from an NY Times article on markets being too concentrated, an unrelated but equally important insight came to the fore...
The above image from the NY Times article wants to reiterate that while US doesn't have the best internet speed among the countries studied, it also has high-priced internet! Thus, lagging far behind countries like South Korea, Netherlands, Denmark and several others. Home to some of the internet giants like Facebook and Google, the US is certainly not the winner in internet speed and price efficiency!
Here's my further analysis on which countries have the best Internet. The key obviously remains highest speed at lowest prices.
Have a look:
While the NYT list considers speed and price in isolation, I thought it would be useful to study both the factors acting in combination: Speed/price ratio can tell us which countries have fastest internet for the price paid. Netherlands is second place compared to South Korea for absolute speed, but when tallied for the price, which is close to 1/3 of what South Korea charges, the Netherlands clearly scores higher!
On the other hand, the United States, Switzerland, Greece and Ireland fall among the bottom 5 in terms of both speed and price. Perhaps they could do with expediting the Mbps rates or reducing the charges per for the data services.
On the other hand, the United States, Switzerland, Greece and Ireland fall among the bottom 5 in terms of both speed and price. Perhaps they could do with expediting the Mbps rates or reducing the charges per for the data services.
