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50GB * 30 days = 1500GB /mo.
1mbps sustained = 280-320 gigs per month.
1500/300 = 5 mbps.
So you are in the right ball park regarding the 5mbps, if you're peaks are high you may be 6-7 on 95th but that 5 is a good indicator. Hit me up at 36837470 if you have any other questions.
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Take Luck!
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