Leased Line Facts
Leased lines are arguably one of the most complex — and misunderstood — aspects of modern technology. This isn’t because leased lines themselves are complicated; after all, they’re just a dedicated connection between your business and your internet service provider. Instead, it more comes down to leased lines still being a bit of an unexplored area, and quite a new concept to smaller businesses.
So let’s clear up all the mumbo jumbo with these leased line facts:
- BT is the UK’s primary leased line provider, with significant market power. However, there are a number of other leased line providers to take into consideration, including Virgin Media.
- (Source: Ofcom –Business Market Connectivity Review)
- More than half of all businesses predict that they will require a leased line within the next 3 years due to rapidly increasing utilisation of off-site data centre services and cloud computing.
- (Source: Ofcom –Research on Very High Bandwidth Connectivity)
- Price is the most important factor influencing a leased line purchase (83%), followed by reliability and service, lead time, post sales support, latency, availability, and provider reputation.
- (Source: Ofcom –Research on Very High Bandwidth Connectivity)
- Leased line contracts usually last for between 3 and 5 years, although it is not uncommon for internet service providers to offer contracts ranging anywhere from 1 year to 25 years.
- (Source: Ofcom –Research on Very High Bandwidth Connectivity)
- The average leased line cost for 10Gbit in Central London is 10,000 per year, although leased line priced vary considerably depending on speed, location, and any necessary construction work.
- (Source: Ofcom –Research on Very High Bandwidth Connectivity)
- Leased line comparison is becoming increasingly popular, with 44 percent of current leased line customers saying they would actively compare providers and services to get the best price.
- (Source: Ofcom –Research on Very High Bandwidth Connectivity)
- 30% of SMEs in the United Kingdom (between 1 and 250 employees) have a leased line. However, larger, multinational companies are still more likely to opt for a leased line.
- (Source: Ofcom – Use of Leased Lines Amongst Medium Businesses)
- Leased lines are particularly popular in the service, wholesale, and retail sectors. To date, they tend to be a little less common in other industries, especially in manufacturing and distribution.
- (Source: Ofcom – Use of Leased Lines Amongst Medium Businesses)
- Leased lines are particularly popular in the service, wholesale, and retail sectors. To date, they tend to be a little less common in other industries, especially in manufacturing and distribution.
- (Source: Ofcom – Use of Leased Lines Amongst Medium Businesses)
James Ward is CEO & Founder of Leased Line Comparison, a website founded in 2013 and has since helped over 10,000 customers. James gained his expertise in the leased line world by joining a telecoms company called Exponential-e back in 2011 which taught him everything he needed to know to set up this website today. James’ interests include horse racing, skiing, rugby, hiking, boxing and riding. He spends his time between family and friend, socialising and sport.