U.S. Falls From Internet Elite, Aims to Catch Iceland, Hungary
By Todd Shields and Matthew Campbell, Bloomberg Businessweek
June 02, 2010, 12:30 AM EDT
June 2 (Bloomberg) — Laurent Bernard, an intern at HSBC Holdings Plc in Paris, recalls his U.S. Internet experience in 2008, the year he moved to New York City as a student.
“I noticed right away that the Internet was slower,” Bernard, 24, said in an e-mail. “The most annoying thing was the time it took for each Web page to load on the screen. In France, it’s pretty much instantaneous.”
After ranking third in the world a decade ago, the U.S. has dropped to 15th in the proportion of citizens receiving fast Web service, or broadband, according to the Organization for Economic Cooperation and Development. South Korea, Iceland and Germany are among the countries that ranked higher in 2009, the Paris-based group says. Connections were both faster and cheaper in 12 countries, including Hungary and Denmark.