In a survey among participants at LTE World Summit, Flash Networks, a provider of mobile Internet optimization and monetization solutions, revealed that while 50 percent of the executives surveyed rated their network as "very fast" (20mps or faster), 68 percent of respondents believed that their network was still not fast enough.
When executives were asked what rate of acceleration would make it worth their while to invest in technologies to boost their network's speed, over 70 percent said they would be satisfied with as little as 20 percent acceleration.
"At Flash Networks, we find these results especially interesting as our TCP-4TE LTE acceleration solution boosts network speed by up to 50 percent, and sometimes even more, without any investment in additional network infrastructure-- far exceeding operators' expectations," said Merav Bahat, Vice President of Marketing and Business Development at Flash Networks. "The results confirm our belief that operators are prepared to do whatever it takes to win the race to be the fastest."
In fact, 64 percent of respondents indicated that they plan to implement technology to speed up their network within the next two years. These findings are consistent with a Computerworld survey published last month, reporting that all four of the largest U.S. wireless carriers are planning to invest in LTE advanced in order to boost speeds even further.
In addition, 75 percent of respondents believe that speed is an important competitive advantage. Mentioned almost twice as often as price or coverage, speed was considered a primary consideration when subscribers select a mobile operator.
