Ofcom Comes Out With Its Yearly Communications Market Report

Filed under: Consumer World, Online Technology Resources, University Of Telecommunication — admin at 4:25 am on Wednesday, August 19, 2009

Ofcom, in its Communications Market report, has stated that the stability shown by various communication products during recession was second only to toiletries and groceries. They went on to add that the communications market was actually very strong and had registered a considerable rise in the number of users in this year, despite the recession.

Telecoms regulator Ofcom studies market trends in the communication sector and in its current report it has given an insight into the £52 billion industry, which includes TV, radio, broadband, mobile etc. In the over 300 page report, it shows how the consumers have reacted to the economic turmoil by tightening their spending and how this has affected the communications business.

Statistics show that this year the UK has seen an increase in the number of people using broadband from last year’s 58 per cent to 65 per cent, which is about two-thirds of the population. Moreover, according to the report, more than 80 per cent of the population was able to access the Local Loop Unbundling service, a method by which operators use their own equipment at the local exchange. This marks a clear 4 per cent rise from the previous year.

The report also stated that 2009 was a high point for the broadband subscribers as they got access to high speed broadband like never before. Notable broadband developments included, the £1.5bn fibre network roll-out from BT and the XXL 50Mb cable broadband launched by Virgin Media. . For a comparison with the other broadband service providers, such as AOL Broadband, refer to the dedicated website Broadband Genie, for an overall comparison of the top service providers’ offers and performance.

Bookmark: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • OnlyWire
  • Socialize-It
  • Digg
  • del.icio.us
  • Furl
  • StumbleUpon
  • Netscape
  • YahooMyWeb
  • Reddit
  • Slashdot
  • Ma.gnolia
  • RawSugar

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.