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Also, people talk of cost relating to bandwidth according to how much up/downloading is done from a site. Fine, the line/transmission may be more or less busier but I couldn't see how that affected the bandwidth of the medium. I conclude that people are using the term a bit loosely.
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Bandwidth can refer to two things: The size of the "pipe" (MB/s), or the amount of bytes you can send per month, so it really all depends on the context. When talking about saving taking less than opening, we're talking about the latter. When talking about high-bandiwdth connection, we're usually talking about the first.
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Unfortunately this is the scam of UK ISPs. They are allowed to advertise (and charge you for) "up to" 8Mb/s even if you never reach anywhere near that. The same goes for their ridiculous "fair usage policies" which are hardly fair to the customers.
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On top of that, they also lke to use
bits per second, and considering that a byte is 8 bits, they give large numbers for pretty low speeds.