January 14 ,2016 | by Helen Gould

Gigabit age coming for broadband, says Deloitte

Gigabit age coming for broadband

Big Four accountancy firm and business advisors Deloitte say that broadband speeds will get much faster this year, with Gigabit per second connections set to increase by a factor of ten.

Deloitte predicts the changes in the 16th edition of its Global Media Trends publication from the firm's technology, media and telecommunications (TMT) practice.

Rising demand

Increasing global availability will match rising demand across the world and so continue a trend that has seen the number of Gbps tariffs go up from just over 80 to 150 in the last three-quarters of 2015.

Such packages already have 10 million subscribers, but around 250 million customers are already on networks that are capable of delivering Gigabit speeds by the end of 2016.

Deloitte believes that there will be a great deal of activity around launches of services that are due to take place this year.

600 million

The projections estimate that some 600 million subscribers around the world will be on Gigabit networks by 2020.

The effects could be wide ranging across national and international economies and have especially significant impacts on other telecommunications sectors. One of these could include a heavy hit to pay-TV services, as customers will be able to take advantage of newer online streaming delivery systems.

In the US alone, Deloitte believes that 1% of US pay-TV customers will opt out of their deals in 2016, rising to 1.5% in 2017 and then 2% in 2018.




Helen Gould

Helen is a News Writer for LSBF who writes about education, careers, sustainable business, and women in business.

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