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AVANT | State of Disruption | 13 When companies choose to defer moving to UCaaS, that decision is most often based on bandwidth concerns, as opposed to a rejection of UCaaS, itself. In fact, most of those companies plan to move to UCaaS within one year. Reasons Some Companies Still Use Legacy Telephone Systems 51% Bandwidth issues at certain sites 36% Learning curve 33% Legacy contract has punitive terms for early termination 30% Lack of budget 24% We are just “kicking tires” on UCaaS 6% We have completed our migration to UCaaS 1% Other Figure 6.3

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