from Casey Research:
The Internet burst on the scene over two decades ago and has since corralled nearly a third of the world’s population. By the end of this decade, “everyone on Earth will be connected,” declares Google’s Eric Schmidt. Wishful thinking perhaps, but certainly considerable progress will be made toward that objective. Right now, two billion people on the planet want Internet access but don’t yet have it, according to Credit Suisse. Part of the problem has to do the limitations of wired networks.
Wired Hits the Wall: In the Internet industry, the “last mile” is the metaphorical term used to describe the final leg of the network that connects the Internet service provider (ISP) with the customer. That last mile has always been a challenge, especially out in the back country. That’s because many wired solutions require high initial deployment costs. Those costs can be recouped where the population is dense and subscribers are plentiful, but can’t be justified where the population is sparse and subscribers are few.
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