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Sky Broadband Expands Fibre Network to Meet Increasing UK Demand

10-29-2024 07:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: SocialDocs Technologies
Sky Broadband Expands Fibre Network to Meet Increasing UK Demand

Sky Broadband, a major provider in the UK, has seen a rapid increase in its market share over the past year, bolstered by the growing demand for faster and more reliable internet services. As digital transformation accelerates in homes and businesses, Sky Broadband is capitalising on these trends with its Superfast and Ultrafast fibre offerings.

According to Ofcom's 2024 report, Sky's broadband market share reached 23%, maintaining its position as one of the UK's leading providers. Sky's Superfast broadband, offering speeds of up to 145Mbps, and its Ultrafast broadband, with speeds reaching 500Mbps, have been key drivers of its success. As per recent data from the UK's Department for Digital, Culture, Media & Sport (DCMS), the average household in the UK now uses around 450GB of data per month, a figure that has doubled in the past five years. This shift towards high data consumption has put increased pressure on broadband providers to deliver faster, more robust networks.

Sky is also making significant investments in expanding its full-fibre network. As part of the government's Project Gigabit initiative, Sky plans to connect over 6 million homes by 2025. The provider is also working closely with infrastructure partners like Openreach to extend fibre-to-the-premises (FTTP) networks, enabling customers to access faster, more reliable broadband.

Customer satisfaction has also been a key factor in Sky's growth. According to Ofcom's customer satisfaction survey (2024), Sky leads the market with a customer satisfaction score of 86%, well above the industry average. Sky has also reduced complaints by 15% year-on-year, a testament to its focus on improving service reliability and customer experience.

With the increasing shift towards online entertainment and remote working, Sky Broadband is expected to continue its upward trajectory, supported by its expanding network and focus on delivering a seamless customer experience.

References:

1. Ofcom Communications Market Report 2024. Available at: Ofcom. 2. UK Government Project Gigabit Update, 2024. Available at: Gov.uk. 3. DCMS Data Consumption Report 2023. Available at: Gov.uk.

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Country: United Kingdom
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