And this is why wireless is not, and will never be, an acceptable primary connection.
Every month I can use my connection at full speed for 8.79 seconds.
On the bright side I can pay $30/mo more for unlimited data.
edit: I have been informed that I am bad at math and the correct answer is actually 2.4 hours which does make me feel better, but it's still a funny comparison
1200 megabits / 8 = 150 megabytes
1.2 TB = 1200000 MB
12000000 MB * (1 sec / 150MB) = 8000 sec = 2.22 hours
...while those who know they'll hammer it more than average have a specific idea of how much they can get away with.
If you use traffic when the network is congested, so is everyone else who is active when the network is congested, so you should all get an equal share if you're paying the same monthly fee, and a share proportional to your max connection speed if you're not. Nothing to do with how much you used when the network was idle.
For instance, if you maxed out a 100mpbs home connection 24/7 for a month, you could transfer no more than ~32tb.
I’d suspect data caps are useful for over sold areas, but are great for lining the pockets of greedy ISPs.