Today the White House released the Four Years of Broadband Growth report and it has a lot of good things to say about broadband in America. In fact, President Obama noted in the report the great progress cable has made in expanding the capability of broadband networks, saying that more than 80 percent of U.S. homes now have access to next-generation, high-speed broadband.
Cable has built a robust broadband network – let’s even call it a platform of possibility – that is in nearly every American community creating limitless opportunities for all. As the nation’s leading broadband provider, cable has injected massive amounts of capital – over $200 billion since 1996 – to build a powerful network that is available to 93 percent of U.S. homes.
The investment has paid off. Cable is increasing Internet speeds over 50 percent a year, and some tiers have increased well over 1000 percent in the last decade. Speeds have skyrocketed, with cable networks capable of delivering speeds of 100 Mbps or higher available to 85 percent of all American homes.
This platform of possibility means that our services and connectivity can also be found away from the home. Cable companies are opening up even more airwaves by deploying major Wi-Fi networks across the country. More than 150,000 free Wi-Fi hotspots enable cable customers to live untethered in big cities and small towns, be it in Stamford, CT, or Shepherdstown, WV.
And we can’t forget how broadband has changed video. The power of the open Internet has enabled video to flood into every crevice of American life. Since video content could be digitized, the rise of video streams anywhere and everywhere was inevitable. Today, 65 percent of all Internet traffic is video, appearing on any connected screen.
We’ve seen how the Internet can transform industries, change health care, enhance education and build community. America is an innovation powerhouse that is home to the world’s leading Internet companies, developers, investors and well-connected consumers.