How Telstra is choking the life out of your business.
Duncan Riley posted today about Telstra mucking around with getting high speed internet rolled out.
This is impacting your business.
The artificial restrictions on internet speeds across this country are an impediment to economic development and business activity.
I found these quotes in a US Dept of Commerce report from 1986: Measuring Broadbands Economic Impact (The link downloads a PDF of the report)
“We find that between 1998 and 2002, communities in which mass-market broadband became available by December 1999 experienced more rapid growth in employment, number of businesses overall, and businesses in IT-intensive sectors. While the available data does not demonstrate statistically significant impacts on wages, the effects of broadband availability by 1999 can also be observed in higher market rates for rental housing (a proxy for property values) in 2000″
“The present study has several clear implications for economic development practitioners. The most obvious and important implication is that broadband does matter to the economy. Practitioners who have been spending their time or money promoting broadband should take comfort that their efforts and investments are not in vain.”
You’d think that given the current economic circumstances our national phone company would be working its rear end off to do anything in its control to help Australian businesses.
Thanks for nothing Sol.
(Image by wonderfully complex)
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AB-SO-LUTE-LY.
I remember hearing about the body that was put together to “interdependently” research the uptake (or apparent lack thereof) and reasoning of broadband within Australia – perhaps 2-3 years ago. Heading the team was a Telstra representative … so lo and behold the results of the research came back stating people didn’t see the benefits in higher speeds without content existing to justify the extra bandwidth … in other words … there waqs still money to be made by leeching the dial-up/slower speed markets. They are a nightmare, a nightmare that has such a stranglehold it’s not funny. let’s hope for some serious change (inline with the rest of the sensible world) very soon. They have the power to seed and boost Australia’s communication network and in doing so would reap the financial benefits of actually providing a service and business that Australian’s would be proud of and happy to pay for instead … shareholders continue to support a company that neglects the very industry it stands for.
Saying people don’t see the benefits of something before they’ve experienced it is…a little odd. Do you know what the report was called? It would be interesting to have a look.
I know of another (Australia)economics report that was ablt to quantify the benefit of introducing hi-speed broadband – just trying to find and hope to have up soon.
Nope sorry can’t remember the name of the report. It MAY have been an AIMIA thing though.