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Slower Internet = Lost Productivity + Money

I was reading an article on TechRadar.com concerning the lack of 4G services in Great Britain. Among the many laments in the article was the following:

“According to policy organisation Open Digital, the lack of 4G is costing UK businesses £732 million per year in lost productivity… It’s not surprising that the networks are putting their own narrow commercial interests ahead of the national interest – but it’s surprising that they’re getting away with it.”

I found myself thinking of what the annual cost in productivity of DSL and Dial-Up services are in the U.S. Surely it’s much larger than the almost $1 billion lost in Britain.

A more competitive marketplace will help ensure faster speeds at lower cost. The challenge? Breaking through the American broadband duopoly.

I would be very interested to hear how slow internet speeds have affected your productivity on a day-to-day basis.