Latin Americans pay too much for low quality broadband - IDB

Tuesday 19 March 2013 | 10:38 CET | News
Only one person in eight in Latin America has access to broadband and the service there is slow and expensive, too, according to the president of the Interamerican Development Bank (IDB), Luis Alberto Moreno. Speaking during the 54th annual meeting of IDB governors at the weekend in Panama, the IDB president stressed the need for the urgent adoption of a regulatory strategy for closing the digital gap, saying that a 10 percent increase in broadband penetration would boost the Latin American economy by 3.2 percent and productivity by 2.2 percent.

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Categories: Internet
Countries: Korea, Republic of / Latin America
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