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Epstein File EFTA01038956: JP Morgan and Penetration (DS9)

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A telecommunications industry document discussing broadband market penetration. The text analyzes current and projected broadband adoption rates in the United States, noting that approximately 79% of occupied homes currently have fixed broadband, with an expected increase to 91% by 2025.

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Excerpt 1
Broadband still has a long runway for growth: we see **penetration** reaching voice levels of ~95% of occupied homes due to government support. 79% of occupied
Excerpt 2
homes in the US today pay for fixed broadband, and we expect this to eventually near 95% **penetration**, similar to wired voice at its peak, and well above
Excerpt 3
Our current models forecast broadband **penetration** of occupied homes increasing about 150 bps a year to 91% by 2025.

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