Description: HONG KONG residents can enjoy astoundingly fast broadband at an astoundingly low price. It became available last year, when a scrappy company called Hong Kong Broadband Network introduced a new option for its fiber-to-the-home service: a speed of 1,000 megabits a second â€” known as a â€œgigâ€ â€” for less than $26 a month.
Questions for discussion:Â
- Why has this superior broadband service not spread to other markets in North America?
- How would a forced change to upgrade service affect the financial status of current service providers?
- How could this be mitigated?