Egypt Business Directory,  | ,  | Send us an email to get your website listed here: partner@egypt-business AGD Exhibitions,  | AGD was founded 23 years ago with the aspiration to reshape the future of exhibition and conference industry in the Arab Region and the Middle East. Al-Borsa Newspaper, Giza | Al-Borsa Newspaper is one of the leading economic newspapers in Egypt, it deals with stock market, economy and investment news. German-Arab Chamber of Commerce,  | For sixty years the German-Arab Chamber of Commerce has promoted business relations between the Egypt, North Africa, the Middle East and Germany. Daily News Egypt,  | Egypt’s only Daily Independent Newspaper in English Think Marketing Magazine,  | Think Marketing Magazine is a new full interactive pure implementation of strategic innovation where creative technology and knowledge meet. El Mashrou3 TV,  | El Mashrou3 is Egypt's first Reality TV competition about young entrepreneurs. eMarketing Egypt,  | eMarketing Egypt is the first company in MENA that provides integrated e-marketing services. Al Ahram,  | Ahram Online is the English-language news web site published by Al-Ahram Establishment, Egypt’s largest news organization Egypt Today,  | The Magazine of Egypt Training Egypt,  | Training Egypt is a training resource that gives its visitors a wide variety of training related information. Global Trade Matters - GTM,  | Global Trade Matters, a for-profit private sector think tank, was created in 2010 in order to broaden the discussion about economic policy. Business Today,  | Business Today Egypt is the nation’s leading English-language monthly business magazine Tradekey,  | TradeKey.com is one of the world’s leading and fastest growing online business-to-business (B2B) marketplace ME.info - Middle East Business News and Information,  | An instant news and information provider from the heart of the Middle-East. Employer Magazine,  | We help organizations target and attract their most important asset - their people.
Ericsson Egypt LTD.  |  15.01.2012

Study quantifies the impact of broadband speed on GDP

Dating back to September 2011, this study by Ericsson remains newsworthy nevertheless, since doubled broadband speed has a 0.3% effect on the GDP.
- Doubling the broadband speed for an economy increases GDP by 0.3%.
- Research conducted by Ericsson, Arthur D. Little and Chalmers University of Technology confirms that increased broadband speed contributes significantly to economic growth
- Positive effects come from automated and simplified processes, increased productivity as well as better access to basic services such as education and health

A report, conducted jointly by Ericsson (NASDAQ:ERIC), Arthur D. Little and Chalmers University of Technology in 33 OECD countries, quantifies the isolated impact of broadband speed, showing that doubling the broadband speed for an economy increases GDP by 0.3%.*

A 0.3 percent GDP growth in the OECD region is equivalent to USD 126 billion. This corresponds to more than one seventh of the average annual OECD growth rate in the last decade.

The study also shows that additional doublings of speed can yield growth in excess of 0.3 percent (e.g. quadrupling of speed equals 0.6 percent GDP growth stimulus)

Both broadband availability and speed are strong drivers in an economy. Last year Ericsson and Arthur D. Little concluded that for every 10 percentage point increase in broadband penetration GDP increases by 1 percent.

This growth stems from a combination of direct, indirect and induced effects. Direct and indirect effects provide a short to medium term stimulus to the economy. The induced effect, which includes the creation of new services and businesses, is the most sustainable dimension and could represent as much as one third of the mentioned GDP growth.

"Broadband has the power to spur economic growth by creating efficiency for society, businesses and consumers," says Johan Wibergh, Head of Business Unit Networks, Ericsson. "It opens up possibilities for more advanced online services, smarter utility services, telecommuting and telepresence. In health care, for instance, we expect that mobile applications will be used by 500 million people."

During a keynote speech at Broadband World Forum 2011 in Paris, Wibergh said: "We expect a huge increase from the current estimate of around 1 billion people with broadband access to about 5 billion in 2016, most of whom will have mobile broadband. Connectivity and broadband are just a starting point for new ways of innovating, collaborating and socializing."

Erik Almqvist, Director at Arthur D. Little, says: "Until now there has been an absence of hard facts investigating the effects of broadband speed on the economy. This unique empirical study may help governments and other decisions makers in society make more correct tradeoffs and policy choices."

"These results have been derived using rigorous scientific methods where the direction of causality, data quality and significance levels have been appropriately tested," says Erik Bohlin, Professor at Chalmers University of Technology. "The results of this study support governmental policies that recognize and promote the importance of broadband."

This study is the first of its kind in that it quantifies the economic impact of increases in broadband speed in a comprehensive scientific method using publicly available data.

Notes to editors:

* The economic impact of average attained broadband speed, both fixed and mobile, has been analyzed using panel data regression analysis with quarterly data points from 2008-2010 for 33 OECD countries.

* One-directional, isolated effect.

* Countries considered in the study are Australia, Austria, Belgium, Canada, Chile, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Korea, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, UK and US.

* Average achieved broadband speed data provided by Ookla
-->

Directory

Top-Downloads

> Egypt's Top 10 Companies 2013
> Egypt's 16 Richest Men
> Doing business under the new Constitution
> Egypt's Trade Map - which export sectors will grow?
> 12 steps to online marketing in Egypt
> Egypt's Facebook Statistics 2013

Latest News

Ethiopia thwarts Egypt by paying for Nile dam itself
NBK rebrands its subsidiary in Egypt to NBK-Egypt
Egypt to raise tourist visa fee by $5
Egypt issues law barring challenges to state deals
Egypt to pay some $1 bln owed oil firms within two months - minister

Companies

Arabian American Real Estate
Real estate, rentals, sales of property to foreign companies and individuals, such as offices, lands, appartments, villas and investment property.
Giza National Automotive (GNA), Mercedes-Benz)
Established in 2001, an Authorized Dealer for Mercedes-Benz Passenger Cars. GNA owns two giant «3S» facilities in Dokki and Pyramids Heights
The Coca-Cola Bottling Co. of Egypt S.A.E.
The Coca-Cola Bottling Company of Egypt (TCCBCE) produces and sells Coca-Cola flagship brands nationwide.
Allianz Egypt
Established in 1976, Allianz Egypt obtained license as life insurer in 2001, and specializes in general, life insurance and financial investments.
Oriental Resorts for Touristic Development
Oriental Resorts was founded in 1996 by some of Egypt's most respected and biggest companies for contributing in the evolution of Egyptian tourism.
Juhayna Food Industries
Producer and exporter of dairy products, milk, fermented milk, yogurt, drinking yogurt, juice and white cheese.
Sadko Trade & Distribution
Sadko for Trade & Distribution was founded by Engineer Sadek Ghabbour to trade in electrical home appliances on cash and credit basis.

Top Events

Webinars

Companies

Experts