Report: Broadband Growth Burning Out

From the E-Commerce News:

Fewer of the remaining Americans not hooked up to the Internet are getting online, and fewer existing dial-up users are spending enough time on the Web to want to move up to broadband access, reports the Pew Internet Project in its latest study on U.S. broadband growth.

Pew’s May 2005 survey indicated that 53 percent of Americans get online with high-speed connections, up 3 percent since December 2004, but described by Pew as a “statistically insignificant increase” that is likely to remain flat or even drop further in the near future.

Analysts attribute the slowdown to a saturation of users, and a reluctance of today’s dial-up Internet users to pay more for bandwidth that they don’t necessarily need.

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