US May Take Fifteen years to catch South Korea Internet speeds – 24/7 Wall St.

American internet speeds are slow, very slow by international standards. That may be one of the reasons that the $787 billion economic stimulus package has a large financial commitment to building broadband infrastructure.

The US ranks 28th among large countries in internet connection speeds according to new data from the Communications Workers of America. The organizations has a reason to track the information. Many of the union members’ jobs rely on cable and telecom firms continuing to invest to build larger broadband systems, particularly the communications giants Comcast (CMCSA), Time Warner Cable (TWC), AT&T (T) and Verizon (VZ)...