Hong Kong offer cheapest consumer broadband
Hong Kong offer the best value consumer broadband according to data released by Point Topic. The figures are based on the total cost for the first year of a broadband subscription based on the top 400+ ISPs that Point Topic track around the world. Prices vary widely between different countries with Hong Kong offering the cheapest broadband through a 1Gbps package from broadband provider HKBN, coming in at a cost of $0.028 per Megabit/second. At the opposite end of the scale is Peru with broadband provider Telefonica del Peru offering a Speedy 500 package which works out at $209.29 per Megabit/second.
"Nine of the ten best value tariffs are either pure fibre or hybrid offerings where fibre is a significant part of the local loop. The exception is Germany where Unity Media offer a cable service that is very competitive.
Prices are stabalising in many markets around the world and overall in the last quarter there was an average increase globally. However there are plenty of countries that are still rolling out new networks and ISPs that are announcing new tariffs.
Bandwidth will continue to increase as fibre edges closer to the consumer. Higher speeds generally mean better value for the consumer. All that remains is to work out how best to use it."Fiona Vanier, (Senior Analyst) Point Topic
The UK ranked 24th in the stats despite having one of the most competitive broadband markets in the world. This is largely due to us lagging in the adoption of next-generation broadband and faster speeds which tend to bring down the cost per Mbps. In the UK, these faster services are still seen as premium products and tend to demand a premium price.