November 21, 2001 — (WEB HOST INDUSTRY REVIEW) — Bandwidth Market, Ltd. (bandwidthmarket.com) announced yesterday sales of high speed Internet access at $99 per megabit per second per month. The prices are available in the largest US cities for users atthe 100 Mbps and higher speeds.
“The prices for enterprises and large Web users continue to drop,” saidHoward Holme, president of Bandwidth Market, an Internet-basedtelecommunications brokerage. “Just two months ago, we announced monthlyprices of $150/Mbps for the DS3 speed of 45 Mbps. Now, we have broken the$100 barrier for the popular enterprise circuits operating at 100 Mbps usingfast Ethernet,” Holme continued. The service is available in numerouslocations, including New York, Los Angeles, Chicago, Washington, Boston,Dallas, Houston, Atlanta, Seattle, San Francisco, San Diego, Miami,Philadelphia, Denver, Kansas City, Orlando, and Tampa. These metropolitanareas make up about half of the United States population.
“Businesses and Internet Service Providers continue to increase theirdependence on the Internet as they build ever larger Web sites, do morebusiness on line with customers, use the Internet to store and back up data,and move toward streaming video,” said Barbara Shaw, vice president ofBandwidth Market. The Internet continues to be the fastest growingtelecommunications segment. This reduction in Internet access prices makesBandwidth Market more important to carriers and large businesses.”
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