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Broadband prices fall across Europe

Broadband prices fall across Europe

Thursday, 26 March 2009

By Garnet Roach garnet@consumerchoices.co.uk

Broadband costs fell by 19 per cent between 2007 and 2008 according to the European Commission’s latest report.

75 per cent of EU countries now have speeds of 2Mb or more, with the average price of a package between 1Mb and 2Mb falling from €38.02 in 2007 to €31 by last year.

"European users now enjoy higher broadband speeds at lower prices"

The price of broadband speeds between 2Mb and 4Mb fell by a massive 29 per cent to €37 a month, while speeds of between 4Mb and 8Mb dropped by four per cent.

UK broadband figures continued to rise, reaching 28.4 per cent of the population by January 2009 - an increase of 2.7 per cent on the previous year.

“European users now enjoy higher broadband speeds at lower prices thanks to more competition in the broadband market,” said Viviane Reding EU telecoms commissioner.

“The right combination of competition between companies and regulation means that prices are down and internet speeds are up. The majority of European broadband users can get online at speeds of above 2Mb, a speed that allows TV over internet, at cheaper prices.

“The trend is good but there are still important differences in prices between countries. We need to ensure a Single Market for telecoms by having a consistent set of telecoms rules for the whole of the EU,” she concluded.

Michael Phillips, BroadbandChoices.co.uk product director, said: “The broadband market seems to be weathering the credit crunch and in a bid to attract new customers or get consumers to switch broadband supplier, many new cheap broadband deals have been launched.

“As well as being able to save as much as £135 by switching, consumers can get themselves a better standard of service, better value and even a month or two of free broadband,” he said.

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