The Morning Briefing: Broadband services

"The Morning Briefing" is SmartPlanet's daily roundup of must-reads from the web. This morning we're reading about broadband services and acquisition.

"The Morning Briefing" is SmartPlanet's daily roundup of must-reads from the web. This morning we're reading about broadband services and acquisition.

1.) Obama's 'U.S.-Ignite' broadband plan ignites nothing. Internet access in the U.S. is lousy. So the Obama administration yesterday announced "U.S. Ignite," which is supposedly a strategy to make the Internet 100 times faster by developing a one-gigabit network backbone between cities and universities.

2.) U.S. probe of Comcast, broadband giants echoes 'net neutrality' battles. The U.S. Department of Justice has opened a "wide-ranging" investigation into whether cable, satellite and telecom providers are stifling fast-growing internet video services like Netflix, according to multiple reports.

3.) IBM: Fast broadband to rake in $1 trillion for Australia by 2050. Productivity and revenue gains to come from faster broadband speeds, according to new report.

4.) Obama order targets cost of broadband deployment. U.S. President Barack Obama will sign an executive order Thursday intended to make it less expensive for broadband providers to install lines and equipment on federal lands and also federal roads.

5.) Openet raises $21M to manage your mobile data traffic. Openet has bagged $21 million in new funding in a Series D round that includes $16 million in new equity and $5 million in debt. The vendor makes a mobile network element that most people have never heard of.

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