Ofcom has published a new report assessing the progress being made towards achieving the UK government's broadband goals.
The Con-Lib coalition has set the ambitious target of building Europe's best super-fast broadband network by 2015.
In its first European Broadband Scorecard, Ofcom has compared developments in the UK with five other major EU nations in a bid to gauge success.
Ofcom found that Britain currently has the same broadband adoption rate as France and Germany, at 32 connections per 100 people.
This figure is higher than in other Western European nations, including Spain and Italy.
At present, the UK is third out of the five in terms of super-fast broadband coverage, ahead of Italy and France but trailing Germany and Spain.
By the end of Q2 2012, almost two-thirds (65 per cent) of UK premises had access to a fibre broadband connection.
The UK is faring better on mobile broadband, with 64 connections per 100 people. Only in Spain is there a higher proportion of users.
Ofcom reported that the UK has some of the lowest fixed and mobile broadband prices - leading the EU5 in eight of the 12 categories used to determine levels of service affordability.
With county councils across the UK now using the Broadband Delivery UK funding to bring fibre broadband to rural communities, super-fast coverage and adoption rates are set to further increase.
The European Commission has set EU member states a deadline of 2020 for achieving universal super-fast broadband coverage.
It also wants at least half of all European Union citizens to have access to 100Mb download speeds by the end of the decade.