Factors found to be influencing the adoption of ICT have been explored in several studies; however, few writers have been able to draw on any systematic research into the digital divide. Although, differences of opinion still exist; a growing body of literature has established that income and education are positively related to the digitalization patterns. The current research attempts to deepen the understanding of present ambiguous relation between socio-economic indicators and the ICT. This account tested the links of socio-economic variables (GDP per capita, GINI index, World Bank Education Statistics, and Transparency International's corruption perception index) with ICT diffusion across developed and developing countries. Positive correlations were found for income and ICT, education and ICT; whereas, negative correlation was found between corruption and ICT adoption. In the later sections, the paper discusses implication of these findings and suggests future courses of actions for policy makers. Proceeding from the current findings and their implications, the present research indicates an urgent need of addressing the digital divide by initiating impactful efforts globally.