The Truth about FinallyFast.com

04/23/10

Google, Verizon CEOs praise National Broadband Plan

In an editorial published in the Wall Street Journal on March 31, Google CEO Eric Schmidt and Verizon CEO Ivan Seidenberg praised the Federal Communications Commission for its recently released National Broadband Plan. The FCC's goals of expanding the use of the fastest broadband speed and the availability of high-speed internet access encouraged the CEOs as they view it as a chance for the country to capitalize on technological advances.

The economic implications of improved broadband access and reliability begin at the very base of the U.S. economic system. Providing schools with new tools to educate their students improves the effectiveness of teaching and will more adequately prepare them for life after graduation. Beyond education, they believe the plan will make both job training and healthcare more efficient.

The final part of the plan calls for the elimination of the digital divide that prevents Americans in rural regions and those without the means to purchase broadband from developing fluency with the web.

At the moment, Verizon is one of the largest broadband providers in the U.S., while Google will soon announce the site of its first one gigabyte per second broadband network.

[ See all News » ]