The internet has become such a normal part of day-to-day life in modern society that many Americans fail to realize that millions of their fellow citizens, primarily those in rural areas, lack access to reliable and affordable internet connections. At this moment, while many urban American cities are currently preparing for the rollout of 300 megabit per second download speeds associated with 5G wireless networks, millions of rural Americans (and some in urban areas as well) lack access to connections providing even ten percent of those speeds.
This paper will explore the crucial nature of this issue as it relates to the real estate industry. It will also provide a brief history of deploying broadband in the United States, an overview of the current federal framework for encouraging broadband deployment, and summaries of a number of state regulatory strategies that stand out from the crowd, both positively and negatively.
Questions? Contact Holly Moskerintz at 202-383-1157.