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Actiontec GT704WG Rev. B router not supporting needs of WiFi use in home.

My internet WiFi lags horribly, and is suspected of causing our mobile devices to switch over to our data which has gone through the roof. Any suggestions on how this can be corrected. I have completed numerous speed test which come back ok. I have had a service tech come to the house , and he said the wires to the phone jack were loose. I am fed up with this. The load placed on the router is: 4 mobile phones, printer, Xbox, PS4 (not on at same time), and a laptop.

Any suggestions on how to remedy this situation, seriously thinking about cancelling my service with verizon if this is not fixed. Has anyone else had a similiar situation?