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Toople Plc

Data: Broadband usage continued acceleration

Broadband usage in Europe and the United States continued to accelerate at similar paces throughout 2018 and Amazon made substantial year-end inroads into consumers’ device ecosystems, according to broadband industry analytics and technology solutions provider OpenVault.

OpenVault’s data suggests that both average and median data usage for 2018 increased when compared with both 2017 statistics. Importantly, the rate of growth for median usage continued to far exceed the growth rate for average usage, indicating that consumption is growing across service providers’ entire subscriber bases, rather than only among heavy users.

 

Toople PLC (LON:TOOP), through its subsidiaries, provides telecoms services primarily for SME market in the United Kingdom. It offers business broadband, fiber, Ethernet first mile and Ethernet data, business mobile phones, cloud PBX and SIP Trunking, and traditional services. 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.