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[NYTimes] Cheap, Ultrafast Broadband? Hong Kong Has It

post #1 of 181
Thread Starter 
Quote:
March 6, 2011

HONG KONG residents can enjoy astoundingly fast broadband at an astoundingly low price. It became available last year, when a scrappy company called Hong Kong Broadband Network introduced a new option for its fiber-to-the-home service: a speed of 1,000 megabits a second — known as a “gig” — for less than $26 a month.

In the United States, we don’t have anything close to that. But we could. And we should.

Verizon, the nation’s leading provider of fiber-to-the-home service, doesn’t offer a gig, or even half that speed. Instead, it markets a “fastest” service that is only 50 megabits a second for downloading and 20 megabits a second for uploading. It costs $144.99 a month. That’s one-twentieth the speed of Hong Kong Broadband’s service for downloading, for more than five times the price.

....

In the United States, costs would come down if several companies shared the financial burden of putting fiber into the ground and then competed on the basis of services built on top of the shared assets. That would bring multiple competitors into the picture, pushing down prices. But it would also require regulatory changes that the Federal Communications Commission has yet to show an appetite for.
http://www.nytimes.com/2011/03/06/business/06digi.html

Gig a second for $26 a month...
Edited by damian5000 - 3/6/11 at 3:46am
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post #2 of 181
wow, now wait til you see the prices in south africa...
$115 for a 4mb uncapped account that barely ever runs at full speed (shaped)
Teh YayZors!
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post #3 of 181
Population Density 6480/km2

Ah yep.
post #4 of 181
Quote:
In the United States, we don’t have anything close to that.
Why the hell not?
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post #5 of 181
Quote:
Originally Posted by NrGx View Post
Population Density 6480/km2

Ah yep.
Do u think it'll actually hit those speeds with that much usage?
post #6 of 181
Thread Starter 
Quote:
Originally Posted by Diabolical999 View Post
Why the hell not?
Check the article. There's some info in there as to why not. To put it short -> Greed.

Here's a quote from the article

Quote:
When I asked about its lack of gig service, C. Lincoln Hoewing, Verizon’s assistant vice president for Internet and technology issues, said, “We already offer 150 megabits,” referring to a tier of fiber-based service that is marketed for $195 a month to small businesses in many of its markets. It “seems to be satisfying demand,” he said.

In a follow-up e-mail, a Verizon spokeswoman addressed the company’s lack of a gig service by saying that it offers “speeds that exceed what customers can and do use.”

Edited by damian5000 - 3/6/11 at 3:51am
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post #7 of 181
At least you guys get cheap, uncapped net compared to us :/
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post #8 of 181
........not to everyone
where i live; mid-levels
we have crap isp's....like mine
post #9 of 181
Huuuuh. I always thought the USA had some of the fastest speeds... I guess that was just prejudice. Seems kind of weird, though.

Here in Lithuania we can get speeds up to 200Mbit (soon-to-be 300Mbit) from the main ISPs and we pay... errrr... currency conversion applied... 40$/month (though with the average wage, it actually feels ~100$-ish). Now really, USA, surely you can do better than that!
     
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post #10 of 181
I think the next country my wife and I move to will be either HK or Singapore... I don't want internet speeds to be a factor but..........

Beats The Philippines! I pay $40 a month... it's unlimited but, how much could I DL at this speed lol BTW, this is the fastest plan available!



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