FCC: High Cost Limits Internet Access
STEVE INSKEEP, Host:
And today's last word in business is the digital slow lane. The United States still trails many countries in Europe and Asia when it comes to high speed Internet access. And a new government survey attempts to answer why. The Federal Communications Commission released a report yesterday that shows that about 80 million American adults still do not have a fast Internet connection in their homes. More than a third said it was too expensive.
Those who did pay for a broadband connection reported spending about $41 per month. That means you pay nearly $500 per year for your quick access to a newspaper or replays of Jon Stewart or that emailed offer to get your share of $10 million from a Nigerian bank.