Ever since, enhancements both in the quality of data and sophistication of econometric tools have yielded continuous improvement in tackling the question of economic impact of telecommunications. First, its deployment has proceeded at an incredibly fast pace. Within 12 years, broadband has been adopted by over 62 per cent of households in the United States, 80 per cent in the Netherlands and 95.9 per cent in Korea (ITU, 2010, OECD, 2010)7.