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Broadband Pricing To Fall By 50% Over The Next 5 Years
The price of broadband packages is to fall by some 50% over the course of the next five years, according to a report published by industry advisors BroadbandInternetProviders.net into the habits of broadband service providers.
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Edinburgh, UK, 1 March 2008 ( )-- The price of domestic broadband contracts is set to fall by 50% over the next five years, according to a study into pricing habits released by industry advice centre BroadbandInternetProviders.net.
The study, released today, reflected a trend of decreasing prices as competition has been introduced into the market. On that basis, the report concluded that over the next five years the average domestic broadband package could fall by as much as 50% on the current headline price, whilst shorter contract periods are also likely to become the norm.
Stephen Chapman of BroadbandInternetProviders.net ( http://www.broadbandinternetproviders.net ) said that the findings of the study could be attributed to basic free market principles. "The broadband market is likely to become even more competitive over the next five years which will be good news for consumers. As more and more suppliers enter the market, the monthly price of broadband packages looks set to fall by as much as 50%, providing better value for money for consumer and business buyers. It's simple economics".
With increasing competition in the marketplace and maturing minor players set to gain more market share, the next five year market cycle looks likely to present increased opportunities for cost savings to consumer and business buyers.
About:
BroadbandInternetProviders.net ( http://www.broadbandinternetproviders.net ) is an online consumer guide to the broadband market, providing guidance and advice to existing Internet customers and broadband package buyers.
Contact:
media@broadbandinternetproviders.net
Mr.Craig Anderson
Cooper Murphy House
81/3 Buccleuch St.
Edinburgh
EH8 9LS
Tel: +44 (0)845 652 0235
Fax: +44 (0)845 652 0235
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Send an email to Craig Anderson of broadbandinternetproviders.net
08456520235
Keywords:
Buying Broadband Internet
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