OVBI: Gigabit-speed Subscribers Continue Rise; Six Month Increase of 75%
Summary
The report was issued today by OpenVault, a market-leading source of SaaS-based revenue and network improvement solutions and data-driven insights for the broadband industry. Among other findings from OpenVault’s analysis of 1Q21 data patterns: • Monthly weighted average usage – including both UBB and FRB subscribers – was 461.7 GB, up nearly 15% from 402.5 in 1Q20 and down 4.3% from 482.6 in 4Q20. While OpenVault does not track device usage, it believes that the declines are related to subscribers returning to office and school environments. “This widening gap in 1Q21 of total bandwidth usage between UBB networks vs. FRB networks and the revenue and profitability implications that it may represent bear watching.” OpenVault will host a webinar to elaborate on the report on Thursday, June 10 at 11 a.m. EST. The companies’ cloud-based, SaaS solutions and tools help service providers optimize network performance, increase revenue and improve subscriber satisfaction.