Math is correct, but at the same time greatly incorrect - you haven't taken into consideration, that most of the time you are using literally single mbps for normal operations like web browsing. Even when watching 4k/HD content - I will go crazy, as not sure bandwidth numbers - you will consume 300mbps..
That's why ISP's are capable of providing 1gbps links to customers even on that ratio - amount of time you will max your connection is so finite, they will not saturate their uplinks even when multiple customers will start downloading like crazy..
I do saturate my 1gbps FTTP uplink only when downloading large game packages - but with that speed (and I do use full 1gbps) any download takes minutes, which means after that I am again down to almost zero.
Indeed. Still, 500mbps as a minimum still sounds great to me, even if it represents a scenario that is unlikely to occur.
The max bandwidth is confirmed to be 10gbps here, but there's no packages that can offer that yet:
www.zzoommgroup.com
They seem to suggest that capacity upgrades will be done on the fly as needed in the future.
They estimate an uptime of 99.9% here : "All network components are configured with battery back-up and auto-failover, with sub-second reconvergence to ensure a greater than 99.99% service availability".
It looks like the reliability in practice you get depends on the area are you are in, some areas have had 100% uptime in the last 90 days, with one area being are closer to 99% uptime:
https://zzoomm.statuspage.io/
Presumably, the overall reliability will improve over time, as networks are fully rolled out and tested.
The worst case seems to be a few days of 'unplanned' outage, while upgrades / repairs are completed...
On the plus side, one of the newest networks - Sherborne, which has been live for less than 90 days, is showing 100% uptime so far.