Expanding Communications Technology
Exchanging information at a distance is a big part of life in our modern world. We're used to sending or receiving information using a telephone, television, satellite or the Internet. Broadband and cellular connectivity has become an essential service and is considered a utility.
Broadband connectivity is currently defined by the federal government as 1.5Mbps - with the potential to increase to 5Mbps in the future. The telecommunications industry manages the infrastructure, networks, and services required to share information electronically.
Telecommunication Service Provider
Most forms of telecommunication are facilitated through service providers. Their services include access to phone, TV and high-speed Internet technology. Many of the smaller service providers in B.C. operate in rural or remote communities and are finding it challenging to meet demands and maintain a competitive advantage.
The B.C. government is partnering with communities and businesses to improve this situation and provide better high-speed Internet and cellular coverage in more areas. See how this could translate into business opportunities.
Broadband for Businesses
Internet connectivity is a major consideration in deciding potential areas for business expansion - it's essential to running a business. The huge cost associated with upgrading infrastructure means that some communities are still without high-speed Internet or cellular coverage, making it challenging for them to attract investors, retain businesses and stay globally competitive.
Incentives are available to companies that provide innovative solutions to these challenges. If you're thinking about starting a business in a rural area without broadband, find out how you can leverage partnerships and agreements for providing better Internet.