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Toople Plc

Ofcom: UK broadband speeds up 20% in last year

UK households are benefiting from faster, more reliable internet as Ofcom research reveals average broadband speeds have jumped nearly 20 per cent in the last year.

Ofcom’s annual home broadband performance report compares how different broadband packages perform, using data from monitors installed on people’s broadband routers.

For the first time, the average download speeds received has passed the 50 Mbit/s mark – rising by 18 per cent in the last year to 54.2 Mbit/s. Upload speeds, which are increasingly important as more people look to work from home or share videos online, have also increased – up 15 per cent to 7.2 Mbit/s. Both download and upload speeds have more than doubled in the last five years.

Toople Plc (LON:TOOP), a company incorporated in the UK provides a range of telecoms services primarily targeted at the UK SME market. Services offered by the Group include business broadband, fibre, EFM and Ethernet data services, business mobile phones, cloud PBX and SIP Trunking and Traditional Services (calls and lines) all of which are delivered and managed through Merlin, the Group’s proprietary software platform.

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