Fiber Optics Market Share To 2020: White House supports repealing age old law on fiber optics

In US, a particular state law prevents respective governments from providing internet connection to its constituents simply on the grounds that they are funded with public money and do not need to reap profits. This in an ideal situation would have competition from private players very difficult. However, when no private player is ready to come onboard, is it just to keep the law from preventing citizens from accessing high-speed fiber optics internet?

For Market Research Report on “Fiber Optics Market” Visit – http://www.grandviewresearch.com/industry-analysis/fiber-optics-market

The Obama administration has voiced out its concern and is convinced that repealing this law will allow the governments to provide the citizens what they need – a speedy internet.

Proponents of the law, often said to be lobbied by business in this field, have till now prevented any steps of government intervention even at the cost of their own constituent’s interest. The high speed fiber optics cable firms , such as Google and Verizon, have been incredibly sluggish as they hop from cities and managing to cover only a handful of Tier-1 areas in the country.

But what about the rest, especially the rural? The improvement in state broadband couldn’t come soon enough as nearly 30 percent of rural homes have no broadband and just about 94 percent of urban citizen can avail to internet speed higher than 25Mbps. This percentage of avaibility drops to 51 in case of rural.

It is important to note that Google Fiber provides the speed of 1Gbps, nearly 40 times the speed of traditional high speed internet, to just 3 cities – Austin, Kansas and Provo with merely 8 others in its list of potentials so far.

However the trend of injustice seems to be turning around as more and more cities have begun to respond. Wilson and Lafayette were the first to pull out from strings of this law and now Chattanooga is the third city to be doing so.

Fiber Optics Market Share

Source: Grand View Research

 

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