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)