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Business Broadband Prices 2024
Business broadband contracts can be overwhelming, with many choices of connection type, provider, contract length, speed, and add-ons.
Our business broadband experts have prepared this ultimate guide to business broadband prices in 2024 to help you navigate the market and find the best deal.
Contents:
Business broadband costs explained
Here, our experts explain the different elements of broadband costs typically included within a business broadband contract.
Installation fees
Typically, business broadband contracts include a one-off installation fee payable at the start of the contract. The installation fee covers the work required to establish your connection.
For more information, visit our business broadband installation page.
Monthly charges
All business broadband deals involve a monthly charge payable throughout your contract.
Your business broadband provider will invoice your company for the agreed monthly charge plus VAT each month. In small business broadband contracts, this payment will typically be made automatically via direct debit.
Static IP charge
A fee to ensure the IP address of your business remains constant, enabling the operation of your own servers or hosting. Learn more in our guide to static IPs.
Router upgrade
An additional upfront cost for a superior business broadband router equipped with features such as 4G backup to provide business broadband redundancy.
Enhanced SLAs
A fee for additional assurances regarding the quality of your connection and the time taken to fix any issues. Discover more in our guide to business broadband SLAs.
How to reduce business broadband costs
Our broadband experts summarise the best ways to minimise business broadband costs, taking advantage of the large variety of choices available for companies.
Compare business broadband deals
Business broadband providers frequently offer time-limited deals to attract new customers and gain an edge over their competitors. Review the latest prices on offer today with our live business broadband pricing tool.
Avoid out-of-contract pricing
Most business broadband contracts will see a price increase at the end of your fixed contract term. Save money by entering into a new fixed broadband contract as your current deal approaches its end.
Commit to a longer contract
Business broadband providers are keen to secure long-term customers and often offer more competitive prices for longer contracts. If it aligns with your business needs, consider opting for a three-year business broadband contract.
Bundling with other services
Business broadband providers often bundle additional products with their broadband services, such as cyber essentials and business VoIP systems. Signing up for these services together can provide access to a more cost-effective overall package.
Downgrading to your speeds
In business broadband, higher speeds invariably come with higher costs. When selecting a business broadband package, carefully assess the speed requirements of your business to avoid paying for unnecessary bandwidth.
Business broadband prices by type
The most important factor determining your monthly business broadband bill is your chosen connection type.
Our business broadband experts have summarised the typical monthly costs of different business broadband services in 2024:
| Type of broadband | Speed | Basic packages start from | Fastest packages start from |
|---|---|---|---|
| ADSL business broadband | 20 Mbps | £16/month | £28/month |
| SoGEA business broadband | 35 to 80 Mbps | £22/month | £24/month |
| 5G business broadband | Up to 200 Mbps | £18/month | £30/month |
| GFast business broadband | Up to 330 Mbps | No longer offered | No longer offered |
| Full fibre business broadband | 80 Mbps to 1,000 Mbps | £25/month | £50/month |
| Cable business broadband | 400 Mbps to 1,000 Mbps | £33/month | £60/month |
| Satellite business broadband | Up to 220 Mbps | £180/month | £1,000/month |
| Leased Line business broadband | 100 to 10,000 Mbps | £220/month | £800/month |
Source: Business broadband prices were extracted in April 2024 from the live prices quoted on business broadband provider websites, excluding time-limited offers.
💡The quoted prices represent the monthly cost of business broadband, excluding installation costs. Note that installation is particularly expensive for leased line and satellite business broadband.
Business broadband mid-contract price increases
Business broadband deals are typically advertised with a fixed monthly fee for the duration of the contract term. However, many providers reserve the right to increase these fees mid-contract.
It is advisable to fully understand how your monthly price might change before committing to a long-term business broadband contract.
💡When reviewing your business broadband contract, look for a clause resembling the following:
[YOUR PROVIDER] reserves the right to include an annual increase to monthly charges by a percentage comprised of i) the annual percentage increase in the Consumer Price Index (CPI) rate figure published by the Office for National Statistics in January of that year (ignoring any negative figures) plus ii) [ ]% (“Annual Price Increase”).
Such clauses typically allow for an increase substantially above the inflation rate, leading to a significant rise in your business broadband costs.
Business Broadband Prices FAQs
Our business broadband experts address the most commonly asked questions regarding business broadband pricing.
Why do business broadband prices depend on speed?
With the exception of leased line broadband, all business broadband connection types utilise shared infrastructure with nearby homes and businesses.
The local broadband infrastructure has a finite capacity that must be distributed among all the customers of a broadband provider.
By choosing a more expensive and higher-speed broadband package, you are essentially securing a larger share of the network’s available capacity.
Is full fibre business broadband cheaper?
Full fibre business broadband, also known as fibre-to-the-premises (FTTP) broadband, generally incurs higher costs than other partial forms of fibre (i.e., SoGEA and standard ADSL business broadband), owing to its superior speed and performance.
Nevertheless, FTTP prices have been trending downward as the technology gains wider adoption and as competition among providers intensifies. Alternative network providers, such as Hyperoptic, offer direct competition to the Openreach network, facilitating lower broadband costs.
While full fibre broadband may initially seem more expensive, its enhanced reliability and speed can provide better value for businesses, depending on their specific internet usage needs.
Are prices lower for longer business broadband contracts?
Yes, prices for business broadband services are often more favourable for longer contract terms. Here are a few reasons why:
- Locked-in Customer Base – With a long-term contract, a broadband provider secures a stable revenue stream, enabling them to offer more competitive rates.
- Recouping Initial Costs – Providers typically face initial connection costs when setting up a new broadband contract. A longer-term allows the provider an extended period to recoup these expenses.
- Lower Administrative Costs – Longer contracts reduce the provider’s customer acquisition and administrative overheads. These savings can then be passed on to the customers in the form of reduced monthly rates.
Are there any hidden costs to business broadband?
Yes, it’s important to be aware of the following additional charges that are outlined in most business broadband contracts:
- Early termination fees – Choosing to exit your broadband contract early can result in expensive early termination fees.
- Router non-return fee – If you don’t return your router at the end of your contract, your provider may charge a non-return fee.
- Excess data usage fees – Most broadband contracts are advertised as “unlimited,” but they come with a fair usage policy that, if exceeded, can result in additional charges.