>>Its all very well having 50mbps at your home, but if the link from backbone to the street cabinet is limited to 300mbps your 50mbps is going to fall through the floor when all 50 people attached to it decide to stream top gear on iplayer.. Thats called contention.
I suffer from country level contention. Chile differentiates between national and international use, I know how daft that sounds. So the speeds I get within Chile are typically a factor of 10 faster than speeds I will get to a non-Chilean website.
And at peak times buffering is the norm on international sites.
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