An Irish report by the European Commission says that the Internet has a significant impact on the country’s economy.
The report states that the amount of digital traffic has increased from 1.3 billion euros in 2011 to 4.5 billion euros last year.
In 2012, the Internet accounted for 8.7% of Ireland’s gross domestic product, up from 4.7%.
The country also has one of the fastest growing Internet service providers, with its network providing a 3.9 times faster connection than its European counterparts.
In recent years, the European commission has also been monitoring the impact of digital networks on consumer behavior.
“The Internet has been shown to be a significant driver of economic growth and innovation in the economy,” the report states.
“In particular, the impact is greatest when it comes to mobile phones and the use of tablets, with mobile phones accounting for nearly half of the economy’s mobile phone revenue in 2011.”
Digital networks in Ireland, which includes Cork, Limerick and Galway, were created by a 2010 agreement between the European Union and the Republic of Ireland.
A total of 7,600 mobile phones were installed in Ireland by the end of 2011, which is roughly double the number installed in the U.K. and the Netherlands in 2010.
The country’s telecoms regulator, the Cogeco Telecommunications, estimated that the network’s revenue generated by the mobile phone industry could be more than €2 billion by 2020.
While the telecoms watchdog has noted the potential for increased Internet traffic to reach the country, it is expected to issue its final report by June, according to The Irish Telegraph.
The Cogeca website, which contains information on all the country´s telecoms networks, notes that the mobile network was designed to operate on a “small footprint” in the rural area of the country.
“Mobile networks are primarily intended for low-income households in rural areas, where there is a lack of infrastructure to support the provision of mobile service and services,” the website reads.
“These low-cost networks are not designed to be used in densely populated areas.
However, they are designed to provide services to these people.”