Current Internet speeds are defined as 5 megabits per second, while the "next-generation" speeds eligible for the larger tax credits are defined as 100 megabits per second, in the proposal.I really hope they keep that 100 megabits per second rule. That's how you encourage innovation and growth in this economy. The world will not wait for us to get our Internet up to speed (pardon the pun).
Some have complained the 100 megabits per second bar is too high. Verizon Communications (VZ.N) is the most obvious recipient of that credit, since its fiber-based FIOS system can handle that speed.
Friday, February 6, 2009
Getting Rural America Broadband
Reuters: Internet tax credit boost proposed by US Senator
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1 comments:
Sure beats my 160 kilobytes per second...and that's max. Average probably drops around 140.
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