According to people like Verizon’s CEO, the US is number one in broadband, no question about it. But one only has to look around the world to see just how specious such claims are. Take Hong Kong as an example. City Telecom made waves a few months ago with its US$13, symmetric 100Mbps connections. Today, the company slashed prices on its much faster 1Gbps fiber-to-the-home offering; a fully symmetric, 1Gbps connection costs HK$199… or US$26 a month.
Nate Anderson, writing at Ars Technica.