The growth of broadband subscriptions in UK has slowed down dismally to just 0.5 percent in the third quarter this year, according to a new research study.
A research study from Deloitte revealed that the adoption of new digital services and technology has stagnated this year, with digital radio resting among the hardest hit services that registered a nominal rise of 1 percent, as compared to 5 percent growth rate over the year.
Citing the reduction in growth, Howard Davies, Deloitte’s technology, media and telecoms partner, said in a statement, “In straitened times, and with penetration levels of many gadgets already high, most “replacement” or “upgrade” purchases may be given a second thought”.
However, the decline in growth of digital products and gadgets is temporary, as these gadgets have turned out to be integral part for people’s lives in modern world, Davies added.
The company further stated that such poor growth rate “should not be unexpected” with the global economy going tailspin.
Despite poor growth report, Ofcom has mentioned that the number of broadband connections in UK has reached an all time high, with the quarterly figures of the organisation registered 16.6 million connections during the second quarter of this year, as against 14.38 million in same period for 2007.
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Posted by Desire Athow on 16 December, 2008Désiré Athow is the Content Editor of ITProPortal.com and has been writing technology articles for nearly a decade. You can follow him on Twitter.
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Spotify is certainly one of the most popular online music websites in the world which is a feat for a service that was officially launched only in February 2009
