Partner Content: Is there both social and economic value in bridging the digital divide?

Capital Group
clock • 1 min read
Partner Content: Is there both social and economic value in bridging the digital divide?

The extent of the divide in the US remains surprising, say Capital Group’s investment team

Connectivity is so important to being able to fully function in modern society that the United Nations declared internet access to be a fundamental human right in 2016 - long before Covid-19 made connectivity even more critical to everyday life.

However, up to 79 million Americans may not use fixed broadband, according to some estimates - a big problem, when everything from employment opportunities to health care is increasingly dependent on being able to get online using a high-speed connection.

Some American broadband providers are working to narrow the gap by connecting unserved and underserved households, for example, in rural areas. By doing so, they are helping to provide a brighter future for millions of people, improving economic prospects in these regions and creating sources of new revenue. Those working to overcome the digital divide could also be supported by increasing amounts of federal funding.

Click here to read the full article exploring the digital divide and its investment implications on the Future Forward hub. Brought to you by Investment Week, Professional Adviser and Capital Group.

This post was funded by Capital Group

More on Investment

Autumn Budget 24: Reeves sets 20% IHT rate on AIM shares

Autumn Budget 24: Reeves sets 20% IHT rate on AIM shares

Chancellor unveils 50% relief

Cristian Angeloni
clock 30 October 2024 • 1 min read
Cash in Conversation: A poll for financial advisers

Cash in Conversation: A poll for financial advisers

Professional Adviser
clock 29 October 2024 • 1 min read
The challenges and opportunities for active managers

The challenges and opportunities for active managers

'We believe good active managers always have a place in a portfolio'

Darius McDermott
clock 29 October 2024 • 5 min read

In-depth

Your Autumn Budget briefing: Tax and pensions changes Labour could have in store

Your Autumn Budget briefing: Tax and pensions changes Labour could have in store

Budget comes as prime minister says country 'embrace the harsh light of fiscal reality'

Jen Frost
clock 29 October 2024 • 22 min read
In view: Plotting PFS change

In view: Plotting PFS change

From first operating loss since 2008 to sponsorship, board and revenue changes

Jen Frost
clock 17 October 2024 • 6 min read
Inside look: Fintel's ambitious 'Bloomberg of retail' plans

Inside look: Fintel's ambitious 'Bloomberg of retail' plans

Integration in focus as group pushes pause on deals

Sahar Nazir
clock 30 September 2024 • 6 min read