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Monday 13 July 2015

Bandwidth prices nearly halved

Bangladesh Submarine Cable Company Ltd has decided to slash the wholesale prices of internet bandwidth by up to 43 percent to discourage imports from India and also dispose of its huge amount of unused bandwidth.
International gateway operators will mostly benefit from the price cut.
Currently, BSCCL is using only 33 gigabits per second of internet bandwidth out of its capacity of 200 Gbps.
The country's total internet bandwidth consumption is around 120 Gbps, and six international territorial cable companies meet the demand through imports from India as it is cheaper in the neighbouring country.
In light of this, the state company has now fixed Tk 558 for each megabit per second (Mbps) of bandwidth for a bundle of 20 gigabits, down from Tk 980 earlier.
The new price will be effective for international gateway operators from August 1, said Monowar Hossain, managing director of BSCCL.
For internet service providers, however, each Mbps will cost Tk 720 and they will have to buy a minimum of 5 Gbps.
Once implemented, this will be the second price cut in three months.
“We need to rethink about the price to keep our business secured,” said Hossain, who is hopeful of capturing a major share of the country's bandwidth business.
The government also has plans to export 10 Gbps of bandwidth to the northeastern states of India.
Bangladesh was connected to SEA-ME-WE-4 in 2006 at a cost of $63 million. BSCCL recouped the investment three years ago.