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More than 70 percent of residential internet users in the UK consider high-speed broadband to be almost as essential as water or electricity, a new survey has revealed. This could be seen as a landmark in the evolution of the internet, as it now comes at par with other necessary utilities.

Chris Stening, Managing Director of Easynet Connect, which provides business broadband services, acknowledged this shift and added that businesses in the UK have held the same opinion for a long time now.

In May last year, Easynet Connect had conducted a study and found 71 percent of Small and Medium Enterprises (SMEs) agreeing that they couldn’t run their business for more than a single day without broadband. With more and more businesses relying increasingly on the internet, this percentage is expected to have gone up significantly since then.

Stening explained that with the proliferation of online applications, the average home user and big companies alike demand not only fast internet, but a service that is reliable and has the ability to support a variety of requirements. He expects this trend to continue for a long time, as many of our functions like banking, communication, entertainment etc. are now performed online. As far as businesses are concerned, the productivity boost that the internet provides cannot be matched by any other medium.

Against popular belief and GSMA’s assurances, recession has finally hit the mobile broadband market. According to recent reports, the economic slump is making many major providers delay the launch of faster mobile broadband services.

The mobile broadband segment has been providing telecom companies with much-needed growth in these worrying times. The fact was highlighted in GSMA’s Leadership Summit, which boasted that mobile broadband could play a huge role in pulling the economy out of recession. But as the true extent of the economic turmoil is revealed, it is becoming increasingly clear that no industry is immune, and that includes mobile broadband.

Until recently many mobile operators had major plans for network upgrades and fresh investments into 3G and 4G. However, The Australian has reported that several operators, including T-Mobile and Vodafone, intend to delay their investments until the economic situation is encouraging again.

No one can deny the potential of mobilebroadband, but like many other industries with great prospects, it will have to wait for the economic conditions to improve until it finally fulfils its promise of sustained growth. This is bad news for the operators who were pinning their hopes on mobile broadband because their revenues from the voice segment are already stagnating and margins are coming under pressure.

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