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What is holding back the US is our early adoption of technology. We laid a very robust infrastructure for the time well before most countries. We now have to deal with that aging technology that criss crosses this nation.
Not to mention the sheer size of the country and the difficulty in networking it. We want Japan 1Gig speed today and for less than a hundred dollars. Who is paying for this upgrade?
I worked extensively on the Verizon FIOS project during the planning stages and can tell you Verizon is losing their A** on the build out. It will be many years before they can recoop the cost.