The Broadband Coalition Releases Second Paper in Innovation Series, Demonstrates that Competitive Carriers are Best for Small Business Growth
(WASHINGTON DC) – Today the Broadband Coalition released a new report looking at the impact small and medium sized business (SMBs) are having on job growth and economic recovery. The paper, titled “Broadband Innovators: Driving Small Business Forward,” is the second in a four-part series laying out the future of broadband.
For a link to Broadband Innovators Part One: CLICK HERE.
“Thanks to broadband, the term ‘mom and pop’ has been replaced by ‘future IPO,’“ said Chip Pickering, former Member of Congress and spokesperson for the Broadband Coalition. “Competitive carriers help SMBs leverage technologies like VoIP and cloud virtual storage to innovate and hire more workers.”
According to the report, small firms that adopt broadband and internet services are the fastest growing segment of the SMB market. That’s why they spend $293 billion of the $326 billion spent annually on IT budgets. It’s an investment in reliable, scalable broadband that allows SMBs to be the growth engines of the economy.
“Our first paper, “Driving the Network Forward,” focused on innovations unleashed by competitive broadband providers and ways competition leads to reduced prices, higher broadband speeds, increased investment and better customer service,” said Pickering. “The second paper uses real-world examples to show how those competitive providers are empowering tech-savvy small businesses to help grow the economy.”
The report features case studies of business solutions from broadband providers XO Communications, CBeyond, TW Telecom, and EarthLink.