UN calls broadband a “basic utility”

Broadband Internet access is becoming so vital for businesses that it can be seen as a new utility comparable to water and electricity, the United Nation’s Conference on Trade and Development (UNCTAD) has said in a report. The growing importance of high speed Internet access is “disturbing news” for the developing world where broadband access is scarce, because technology is exerting an ever greater influence on global business trends, UNCTAD warned.

Read the “Information Economy Report 2006” from the United Nations Conference on Trade and Development website

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