Recent research shows that a switch to fiber optic services can lead to substantial savings for broadband suppliers and consequently consumers too. As technology progresses and more internet options become available people are constantly on the lookout for ways they can make savings whilst not compromising the quality of their connectivity. It seems that fiber optic broadband provides the best solution to this issue.
What is fiber optic broadband?
Before delving further into how fiber optic broadband can lead to cost savings it is first important to establish what this is. Essentially it is really quite simple. Fiber optic broadband transports connection via using copper fiber optic cables. This is in comparison to the other popular methods of utilizing a telephone modem or alternatively a dialup connection. If you compare these against one and other you will be able to see the significant differences, with fiber optic widely deemed to be a lot faster.
Research says fiber optic broadband offers significant savings
As established, it is believed that fiber optic broadband can offer substantial cost savings, but what is this statement based upon? In fact, this conclusion comes from a recent survey that was commissioned by Fiber to the Home Council Americas. The results of this survey deduced that broadband providers in the US who have switched to an all-fiber network are reaping the rewards of an approximate 20 per cent cost saving. In the grand scheme of things this is a colossal amount. After all, it is a reduction of a fifth.
Where do the cost savings stem from?
The research concluded that the savings in operational costs come from the fact that fiber optic broadband is a lot easier to maintain. When you consider the fact that fiber optic broadband is a lot faster – thus it provides consumers with a better quality of internet – yet it is cheaper to run you can see how this is proving to be a gold mine for businesses. They get to cut their outgoings through reducing maintenance costs, yet their commodity is not damaged, in fact it is enhanced. Not only this, but fiber optic security is improving too. This is imperative considering security lies at the core of consumers’ decisions regarding internet utilization.
Lower costs will be passed onto the consumer
Of course the broadband suppliers will not be the only ones to see cost savings associated with fiber optic broadband. This savings will then be passed onto the consumer. With a percentage as big as 20 per cent it would be foolish for providers not to lower costs in order to entice consumers to pick their internet package. They will be using an array of different methods to tempt customers with fiber optic. Thus, customers can expect to see the rewards of lower monthly fees and set-ups as well. To see what fiber optic internet options will be the cheapest for you, you merely need to use a comparison website, such as Broadband Expert.
It seems that the future of internet is certainly with fiber optic broadband. With faster connections and cost savings, who could possibly refuse? Expect to see more providers turn to all fiber platforms in the future. After all, with other businesses experiencing a deduction of 20 per cent in operational costs it won’t be long before they follow suit, and as a consequence your payments reduce as a result.