2021 will see increased fees for heavy users of Comcast broadband. Comcast already has data caps in 38 states and is extending it to all i's regions beginning in January 2021.
Comcast's 1.2TB monthly data cap is coming to 12 more states and the District of Columbia starting January 2021. The unpopular policy was already enforced in most of Comcast's 39-state US territory over the past few years, and the upcoming expansion will for the first time bring the cap to every market in Comcast's territory.
Comcast recognized the law of supply and demand as COVID 19 expanded in 2020. COVID19 pandemic is a global phenomenon impacting the entire world. The internet is a truly global enterprise connecting far-flung businesses and people. Several events conspired to cause an exponential increase in information flow.
1. Social distancing and limits on group size eliminated in-person meetings
2..Remote work and remote learning are facilitated by the internet.
3. Health information technology places additional demands on messaging, telehealth, and especially video conferencing which requires high data flow.
Until 2010 health information technology was a laggard in information technology adoption. Federal incentives stimulated an explosion of interest in electronic health records and information exchange.
Broadband power users, defined as subscribers who use 1 TB per month or more, are growing dramatically, according to the latest OVBI report from OpenVault. Broadband users are also adopting faster speeds, according to OpenVault data.
The firm’s third-quarter OpenVault Broadband Insights (OVBI) report said that three important year-over-year performance indices illustrated the trend. There was a 110% increase in power users who use 1 TB or more of data (to 8.8% overall), a 172% increase in extreme power users consuming 2 TB or more of data (to 1% overall), and an increase of 124% in gigabit subscribers (to 5.6% overall).
Power users
Comcast reports that only about 5% of current customers exceed 1.2 TB per month. But that percentage is most likely on the rise. Recent data from OpenVault reports surging growth in power users, who are defined as subscribers who exceed 1 TB of usage per month.
As of November 12,2020, 50% of broadband users use 250GB/month, 10% use 1TB or more already.
The increase of expense for broadband will be offset by decreases in transportation expenses, the lower overhead for office space, and other secondary gains from remote work.
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