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Consumers wishing to take advantage of the world's cheapest broadband deals would have to move to Hong Kong, it has been reported.

According to Point Topic, HKBN's bb Fibre Home 1000 is the cheapest entry-level broadband package available across the globe, based upon the average price per megabit of data.

At just 0.018p per Mb, households and businesses in the former British colony are required to pay less than in Japan, where KDDI charges 0.031p per Mb and Romania, where Romtelecom charges 0.104p.

Other countries to make the top ten included Sweden, Latvia, China, Singapore, Russia, Germany and Finland.

"Nine of the ten best value tariffs are either pure fibre or hybrid offerings where fibre is a significant part of the local loop," explained Fiona Vanier, Senior Analyst at Point Topic.

Sadly for domestic broadband subscribers and for the government, the UK lagged way behind in 24th place.

Of the 54 countries surveyed, Peru was found to offer the most expensive entry-level broadband, with Telefonica del Peru's Speedy 500 package costing £134 per Mb. 

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