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Broadband infrastructure is essential for the effective
participation of businesses and organizations in today’s
economy. Investments in broadband infrastructure
strengthen regional economies by improving skills,
competitiveness, and service delivery, thus enhancing
the local business environment. Broadband today is as
vital as electrification was in the 1930’s.
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Broadband
provides communications and information-sharing
capabilities that have transformative effects
on business operations and relationships.
Opportunities stem from new or improved products
and services, the ability to create and leverage
new business models, better management of
resources, and increased operational
efficiencies.
Increased
participation in the digital economy results in
both economic and quality of life improvements.
The ‘playing field’ is leveled between big and
small, urban and rural, established businesses
and entrepreneurs: |
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For businesses of any size, broadband and e-business
applications enable them to expand their market
reach and revenue opportunities, improve service to
customers, and become more competitive and
profitable in the global economy. In particular,
broadband delivers affordable e-business solutions
for small and medium enterprises through hosted
applications and Internet-based service innovations.
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For organizations of any size, broadband and
e-business applications enable them to improve
service, become more cost effective and continue to
be effective in the face of increased service demand
and shrinking budgets.
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For
individuals and residences, (aka
'households') broadband delivers
services such as Internet telephony (VoIP), Internet
connectivity, movies and IP TV, tele-health, as well
as new opportunities such as being able to work from
home.
Click
here to find out how the impacts from investments in
broadband infrastructure are measurable and significant.
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