In the
early 2000s, cities that lagged in building new communication infrastructure fell
behind cities that were on the cutting edge of technology, like Tokyo, Chicago,
London, and New York City. Today, advanced communication networks are
essential to attract large corporations, factories, or high-tech companies to an
urban area in order to encourage further economic growth. In 2020, according
to U.S. News &World Report, the city with the best communication network (or
smart city) was Singapore.