By Nate Anderson | Last updated a day ago
Verizon CEO Ivan Seidenberg sat down last week for a talk at the Council for Foreign Relations and talked about how mind-bendingly awesome the US broadband market is. Seidenberg all but put on a foam finger and started chanting, “We’re number one! We’re number one!”
All those studies you’ve read that suggest otherwise? The fact that Hong Kong residents can now get 1Gbps symmetric fiber for US$26, while New York City residents top out at 100Mbps and cost $100? Capping 3Mbps DSL at 5GB/month? All meaningless.