
Internet access has increased 20-fold and broadband costs have fallen by 99% on the archipelago of Micronesia thanks to the ending of government monopoly in the sector.
Market liberalization has dropped the cost of internet to $65.00 per Mbps per month to just 78 cents, while more than 1,500 kilometers of undersea fiber optic cables have been laid, and advanced satellite dish networks have sprung up on the most outlying islands.
Made up of more than 600 small islands spread across 2.9 million km² of ocean, telecommunications is both complicated and absolutely necessary on the Federated States of Micronesia (FSM).
For decades, FSM had had but one single telecom provider: FSM Telecommunications Corporation, a government-granted monopoly established in 1984 to provide fixed-line, mobile, and internet across the islands. Its board members were appointed by the head of state and state governors.
In 2014, at the urging of the World Bank Group, the Telecommunications Act ended FSMTC's monopoly, and since then internet access has increased 2,000%, reaching


