The survey of 200 businesses, conducted by market research firm Mobilesquared, highlights the gap between enterprise connectivity demands and the services they receive.
Almost unanimously, 89% of UK businesses said they would consider switching to wireless broadband.
Lionel Chmilewsky, CEO, CBNL, said: “It’s clear that a growing number of businesses find their connectivity requirements are growing faster than many broadband services can keep up with.
CBNL’s survey highlights that almost half of UK businesses (47%) are not receiving the broadband speeds advertised by their provider.
Additionally, one in three businesses (35%) said that they have been negatively impacted by slow broadband speeds, while 34% experienced significant periods of network downtime.
This new data clearly shows businesses are looking for faster and more reliable broadband options, yet half (56%) choose to remain with their current providers.
The need for more efficient infrastructure is illustrated by the fact that over half (56%) of businesses spend less than 30% of their IT budget on connectivity.
More importantly, less than half of all respondents plan to increase expenditure over the next 12 months.