Netflix (NFLX +2.9%) looks a little more formidable with Sandvine’s new Global Internet...

|By:, SA News Editor

Netflix (NFLX +2.9%) looks a little more formidable with Sandvine’s new Global Internet Phenomena Report highlighting the impressive percentage of residential downstream traffic the company now boasts. A bit of a bandwidth hog, Netflix now accounts for 33% of all downstream traffic which is more than double YouTube's mark and leaves Facebook, Hulu, and Amazon in the dust.