Home
 » ISP News » 
Sponsored

EU Broadband Digital Agenda to Boost Regional GDP by an Extra £93bn a Year

Tuesday, February 28th, 2012 (1:44 pm) - Score 298

Europe’s Digital Agenda strategy, which among other things aims to make superfast broadband ISP speeds of 30Mbps+ available to everybody by 2020, could deliver a “digital bonus” worth up to £93.29 Billion (110bn Euros Annually) in regional Gross Domestic Product (more than 0.8% of GDP).

The European Commission (EC) made the claim today after releasing the results from a new 206 page study, which was carried out by an international team of experts and academics, into the effects of the Digital Agenda. Completion of this strategy would apparently result in a GDP boost through “more competition and economies of scale“.

Neelie Kroes, Vice President of the EC, said:

We are wealthier and more competitive because of our Single Market. But it is not a true Single Market if the Internet and other telecoms are excluded. The digital Single Market is coffee for the economy, we’d be mad not to drink it.”

The study, which found that demand for bandwidth will continue to increase (nothing new there), claimed to have spotted several shortcomings in the current strategy and suggested a series of policy measures to tackle them.

EU Digital Agenda Policy Suggestions

* Reduced regulatory fragmentation (e.g. common rules on contract duration and transparency of bills);

* More European standardisation (to allow pan-European services of assured quality to emerge in areas such as e-Health, e-Energy, e-Mobility);

* The need for more coordination of the activities of national telecoms regulators at EU level.

Apparently the drivers for all this growth will be online content services, such as movies and games that “require guaranteed quality of service“. The EC has already signalled its intention to look seriously at the study’s proposals, albeit only over “the coming years“.

Leave a Comment
0 Responses

Comments RSS Feed

Javascript must be enabled to post (most browsers do this automatically)

Privacy Notice: Please note that news comments are anonymous, which means that we do NOT require you to enter any real personal details to post a message. By clicking to submit a post you agree to storing your comment content, display name, IP, email and / or website details in our database, for as long as the post remains live.

Only the submitted name and comment will be displayed in public, while the rest will be kept private (we will never share this outside of ISPreview, regardless of whether the data is real or fake). This comment system uses submitted IP, email and website address data to spot abuse and spammers. All data is transferred via an encrypted (https secure) session.

NOTE 1: Sometimes your comment might not appear immediately due to site cache (this is cleared every few hours) or it may be caught by automated moderation / anti-spam.

NOTE 2: Comments that break our rules, spam, troll or post via known fake IP/proxy servers may be blocked or removed.
Cheapest Superfast ISPs
  • Hyperoptic £22.00
    Avg. Speed 50Mbps, Unlimited
    Gift: None
  • Onestream £22.49 (*29.99)
    Avg. Speed 45Mbps, Unlimited
    Gift: None
  • xln telecom £22.74 (*47.94)
    Avg. Speed 66Mbps, Unlimited
    Gift: None
  • Plusnet £22.99 (*35.98)
    Avg. Speed 36Mbps, Unlimited
    Gift: £60 Reward Card
  • NOW TV £23.00 (*40.00)
    Avg. Speed 36Mbps, Unlimited
    Gift: Dine Club Membership
Prices inc. Line Rental | View All
The Top 20 Category Tags
  1. BT (2773)
  2. FTTP (2767)
  3. FTTC (1787)
  4. Building Digital UK (1746)
  5. Politics (1669)
  6. Openreach (1626)
  7. Business (1438)
  8. FTTH (1341)
  9. Statistics (1242)
  10. Mobile Broadband (1231)
  11. Fibre Optic (1066)
  12. 4G (1060)
  13. Wireless Internet (1023)
  14. Ofcom Regulation (1016)
  15. Virgin Media (1010)
  16. EE (699)
  17. Sky Broadband (669)
  18. Vodafone (669)
  19. TalkTalk (664)
  20. 5G (522)
Promotion
Helpful ISP Guides and Tips
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
Sponsored

Copyright © 1999 to Present - ISPreview.co.uk - All Rights Reserved - Terms , Privacy and Cookie Policy , Links , Website Rules , Contact