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