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Cheap, Ultrafast Broadband? Hong Kong Has It

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Jayzzy

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March 6, 2011

HONG KONG residents can enjoy astoundingly fast broadband at an astoundingly low price. It became available last year, when a scrappy company called Hong Kong Broadband Network introduced a new option for its fiber-to-the-home service: a speed of 1,000 megabits a second — known as a “gig†— for less than $26 a month.

In the United States, we don’t have anything close to that. But we could. And we should.

Verizon, the nation’s leading provider of fiber-to-the-home service, doesn’t offer a gig, or even half that speed. Instead, it markets a “fastest†service that is only 50 megabits a second for downloading and 20 megabits a second for uploading. It costs $144.99 a month. That’s one-twentieth the speed of Hong Kong Broadband’s service for downloading, for more than five times the price.

....

In the United States, costs would come down if several companies shared the financial burden of putting fiber into the ground and then competed on the basis of services built on top of the shared assets. That would bring multiple competitors into the picture, pushing down prices. But it would also require regulatory changes that the Federal Communications Commission has yet to show an appetite for.
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http://www.nytimes.com/2011/03/06/business/06digi.html
 
21 comments
I think that the 1GBPS they're getting should be "considered" a local network :) I doubt there is even 1000x1GBPS connection to the rest of the world :)
 
Its actually DEDICATED 1 Gbps as my cousin lives there and remember guys HK is in CHINA ( The country where every shit is made ) :)
 
nothing less from china xD
netherlands also has awesome speeds @great prices
also in hong kong almost everyone has a big business xD
so the demand for good connectivity and speed is in great demand
 
Home users' hardware would never be able to keep up with 1gbps :P

Besides, I betcha their routing to the rest of the world sucks balls. So at the end of the day, you won't really get great speeds to teh US. Oh and it's pretty much useless, unless you're gonna buy it to download/uploads tons of warez (in the process risking being caught cze it's a home connection). xD
 
@Stormin
Odd though how all the bandwidth/ports in HK are so crap and expensive

lol i have friend at hongkong he only pay $27 USD /month he have faster speed 40MB
he ddos site only 1 click then is over :))
 
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