Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / FTR - As network providers fight over Gs few consumers demanding highest speeds


FTR - As network providers fight over Gs few consumers demanding highest speeds

Networking service providers are falling all over each other to race to next-generation networks offering blazing speed - whether it's 5G wireless networks (now encroaching into home Internet offerings) or "10G" hybrid wireline networks from traditional wired broadband providers - but those companies dependent on end consumers are getting a reality check from slow demand. All those Gs, and only a small fraction of the market is paying for "one G," so to speak - that is, signed up for 1-gigabit capable service. Only 5.63% of the U.S. broadband market subscribed to that speed of service in Q3, according to data from OpenVault via NextTV. The biggest share of the broadband pie sits in the segment drawing download speeds of 100 Mbps-200 Mbps, with 36.4% of subscribers. The next most popular (almost 20%) is in the 50-75 Mbps range, followed by a small slice (14%) in the 200-400 Mbps range.

For further details see:

As network providers fight over Gs, few consumers demanding highest speeds
Stock Information

Company Name: Frontier Communications Corporation
Stock Symbol: FTR
Market: NASDAQ
Website: frontier.com

Menu

FTR FTR Quote FTR Short FTR News FTR Articles FTR Message Board
Get FTR Alerts

News, Short Squeeze, Breakout and More Instantly...