More like low-speed internet.
New data from the FCC finds that the majority of broadband internet in the U.S. isn't really broadband at all – at least not according to the FCC's definition of what high-speed internet broadband access should be.
The new definition of broadband by the FCC is 4 Mbps downstream and 1 Mbps upstream. The FCC report (pdf) found that 68 percent of so-called U.S. broadband connections didn't live up to that standard.
58 percent of the connections measured couldn't get above 3 Mbps downstream, and 49 percent of connections had upstream speeds slower than 768 kbps.
Granted, internet service providers offer different tiers of speed at various price points, so it's possible that many subscribers opt for the slower than 4 Mbps/1 Mbps to save some cash on their monthly bills.