Broadband has held up better in the U.S. than Europe because of the higher capital investment here, the Tax Foundation says. And that investment is higher here because of a lighter regulatory approach.
“From 2003 to 2015, the United States invested almost twice as much per capita on broadband internet than the average European country in the Organisation for Economic Co-operation and Development (OECD). And according to the Progressive Policy Institute’s (PPI) report on investment in the United States, four of the top 10 companies with the most capital investment in the United States in 2019 were telecommunications companies. PPI found that the top four firms combined for more than $54 billion in capital expenditures.”
