Internet Access Soars, Costs Plummet on Island Following End of Federal Telecom Monopoly

Internet access has increased 20-fold and broadband costs have fallen by 99% on the archipelago of Micronesia thanks to the ending of government monopoly in the sector. Market liberalization has dropped the cost of internet to $65.00 per Mbps per month to just 78 cents, while more than 1,500 kilometers of undersea fiber optic cables […] The post Internet Access Soars, Costs Plummet on Island…