Broadband is Vital to Growth
Wednesday, January 04, 2017
Economic development agencies have spent recent decades developing infrastructure needed to attract companies to their area. Site selectors routinely eliminate an area due to inadequate electric, gas, water, and transportation infrastructure. And now high speed internet access is becoming one of the most important boxes those selectors want to check off. Quickly advancing technology has made the availability and quality of broadband a top consideration.
“Various econometric analyses have demonstrated a positive correlation between broadband and economic growth,” said Matt McQuade, director of business development for Columbus2020 in a 2011 article for Site Selector Magazine. “Its importance in the site selection...