Higher income 'linked to faster broadband' header image

Having access to faster broadband could result in households enjoying higher incomes, new research has suggested. 

Carried out by Chalmers University of Technology, Arthur D Little and Ericsson, the study revealed an upgrade from 4 Mbps to 8 Mbps increases earnings by around £75 a month in Organisation for Economic Co-operation and Development countries - of which the UK is one.

People in the UK who switch to satellite broadband may find they stand to gain financially as a result.

Erik Bohlin, a professor at Chalmers University of Technology, noted the research is the first of its kind to look at the impact broadband speed can have on earnings. He stated: "Based on rigorous scientific methods and comprehensive data, the study can show that increased broadband speed increases income, which has a number of important policy and strategy implications."

Partner at Arthur D Little Martin Glaumann said the findings add to the evidence suggesting building broadband speed can be a driver of economic growth. 

Posted by Craig Roberts