Global Fixed Broadband Subscribers Exceed One Billion
There are now more than one billion fixed broadband subscribers worldwide, the Broadband Forum revealed. The achievement follows the release of Point Topic’s 2Q18 report which saw the number of fixed broadband subscribers grow by 2.5 percent from 1Q18, the highest surge in the last six quarters.
“This is a truly outstanding achievement, led by the communications industry, that has resulted in a major leap forward for humankind,” said Broadband Forum CEO Robin Mersh. “Broadband connectivity is a cornerstone of modern life, and a catalyst for innovation and progress globally. I am proud of the key role that the Broadband Forum has played in facilitating this accomplishment. This milestone also means that the industry is now chipping away at the remaining one billion plus potential subscribers in the world that have a thirst for broadband but have yet to be connected.”
Point Topic’s Q2 2018 report reveals the majority of new subscribers are now coming from less developed regions and countries. However, according to the report, growth in ARPU is being seen in developed markets, driven by improved offerings and services supported by gigabit-capable broadband. The research also highlights that around 80% of global connections are fiber-based, including Fiber-to-the-Home/Business/Cabinet connections, or cable-based, while ADSL connections are continuing to decline, having dropped eight per cent in the last year.
“There is no doubt that we have now hit one billion broadband subscribers, with the growth over 2018 being quite rapid,” said Oliver Johnson, CEO, Point Topic. “In more saturated broadband markets, operators are focusing on upgrades to support gigabit broadband as they prepare to meet the requirements of new technologies such as IoT and the needs of more demanding consumers.”