Survey: Altnet sector bullish on growth

Image
altnets

Technology advances and growing demand for high-speed internet access are leading independent broadband firms to feel overwhelmingly positive about the future, according to a survey measuring confidence in the sector.

Despite reports of their imminent demise, UK ‘altnet’ companies are expecting a boom in business over the next 12 months with 83 per cent of decision makers expecting strong growth in the coming year, the first Altnet Confidence Index found. Of the 300 surveyed decision makers from ISPs, network operators, and equipment and technology vendors, 23 per cent of that number predict significant growth. When looking ahead to five years, 77 per cent anticipate growth over that time.

Read more

Share article