Owners of condominiums or units in multi-dwelling properties benefit significantly from bulk internet deals. A bulk internet deal is a situation where an MDU property’s homeowners association (HOA) commits to a term service contract with a specialized internet service provider (ISP). Due to the high density of people and separate housing units within a relatively small area, service providers may provide Internet access to the entire property and charge each resident separately for access. This offers a number of advantages for the homeowner:
Mass Internet Deals Help Save Residents Money
When the ISP wires an MDU property to the Internet, they have to purchase what is called a ‘backbone’ connectivity from a Tier 2 provider. This is essentially the tubing that makes the Internet work. A service provider may purchase certain levels of “backbone” depending on variables such as download and upload capacity.
A bulk internet deal helps the unit owner save money because the service provider can spread the cost of supplying this backbone among multiple billable customers. The resulting monthly cost for each resident is significantly less than if they signed their own individual Internet agreements.
Bulk internet providers may offer faster connection speeds
Unlike regular consumer broadband technology, bulk Internet deals from specialized service providers can offer significantly better upload and download speeds. Due to the localized and small-scale infrastructure of an MDU, service providers are able to use system technologies that are not possible in a regular residential model. The hardware and cabling that make next-generation Internet speeds possible can be installed as a one-time investment, and the service provider can recoup their ROI over a longer period of time.
For a condo unit owner, it means access to corporate-grade Internet connectivity right from your living room. Depending on the needs or desires of the property, download speeds of up to 1 Gbps can be offered making streaming movies, video chatting with friends and family, and online gaming seamless. Simultaneous internet usage throughout the property can occur without users experiencing slowdowns or heavy bandwidth restrictions.
Massive Internet Deals Provide Superior Customer Service
When an HOA has a specialized wholesale provider that takes care of your property instead of each unit entering into its own agreements with a monopoly provider like Comcast, residents benefit from better service levels. Under a massive Internet deal, the community comes together under its own private Internet network. This makes service monitoring and issue of bug fixes much more responsive than if the subscriber were just a customer within a large organization.
Support is provided on a more local scale and this means issues are resolved faster and more reliably. Many service providers compete to provide the best possible customer experience, which means they work harder to earn goodwill and spread word of mouth. The result for the homeowner is a much more profitable, advanced and enjoyable Internet experience.
