Investing

Global Connectivity Speeds Faster Than a Year Ago

Akamai Technologies Inc. (NASDAQ: AKAM) issued its third-quarter report on connectivity. Not surprisingly, connection speeds on average have risen compared to the same period as last year:

The global average connection speed decreased by approximately seven percent between the second and third quarters of 2012 to 2.8 Mbps. South Korea continued to have the highest average connection speed at 14.7 Mbps. Japan (10.7 Mbps) and Hong Kong (8.9 Mbps) rounded out the top three countries for average connection speed in the quarter.

Despite the slight quarter-over-quarter decline, global average connection speed enjoyed healthy 11 percent growth year over year.

Similar to the average connection speed metric, the global average peak connection speed also saw a minor quarter-over-quarter decline, dropping 1.4 percent to 15.9 Mbps. In the third quarter of 2012, Hong Kong boasted the highest peak connection speed at just more than 54 Mbps.

Looking at year-over-year changes, significant improvement was once again seen in the global average peak connection speed, growing 36 percent.

Akamai observed global broadband (>4 Mbps) and high broadband (>10 Mbps) adoption showing solid gains in the quarter. The global high broadband adoption rate grew by 8.8 percent quarter over quarter, reaching 11 percent, while the global broadband adoption rate increased 4.8 percent, growing to 41 percent.

Sponsored: Want to Retire Early? Here’s a Great First Step

Want retirement to come a few years earlier than you’d planned? Orare you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.