April 11, 2002 — (WEB HOST INDUSTRY REVIEW) — Bandwidth Market Ltd. (bandwidthmarket.com), a leading online wholesale market for telecommunication services, announced that it has reduced prices for private lines connecting 50 major US and Canadian cities.
Customers, says Bandwidth Market, can connect any two of the 50 cities at speeds of OC-3, OC-12 and 10 Gigabits per second ?wavelengths.?
Bandwidth Market says its prices are for circuits throughout the US and Canada, including both protected cirucuits, which can be restored in the event of failure within 50 milliseconds and for unprotected circuits, which are restored more slowly.
The circuits are available for three-year leases, priced at $0.00087 per DS0 per mile per month (DS0mm) for a 2.5 Gbps circuit connecting two cities, $0.00057 per DS0mm for 10Gbps. An OC-3 connection between two cities costs $0.0024, OC-12 is $0.0018 and OC-48 is $0.0013 per DS0mm.
Among the cities Bandwidth Market is offering connections from and to are Albany, Atlanta, Chicago, Dallas, Denver, St Louis, Houston, Los Angeles, Memphis, Montreal, New Orleans, New York City, Ottawa, Philadelphia, Phoenix, Toronto, Washington DC and many others.
?Companies get more inexpensive and more sophisticated in their offerings. A year ago, few companies offered both protected and unprotected ?wavelengths? of information filled light,? says Howard Holme, president of Bandwidth Market. ?Now, for example, a buyer can buy 2.5 Billion bits per second from New York City to Washington DC for $8,700 per month. This equals over 32,000 standard voice circuits or DS0 circuits. I remember when a person using a voice circuit between New York and DC paid about $1 per minute. Now the wholesale circuit costs about $.25 per month, and there are 40,000 minutes per month.?
Bandwidth Market says may other brokers and energy companies abandoned the telecommunications field following Enron?s collapse. Holme says Bandwidth Market?s business is continuing to grow following the changes in the market.
Because the company was never involved in day trading of bandwidth futures, it didn?t suffer the same way others did from the collapse. Bandwidth Market says it works with over 100 carriers to delivers circuits to each other and large enterprise users, and offers broad geographic coverage for more than 100,000 services including Internet access, private lines, collocation of telecom equipment, dark optical fiber and wholesale long distance minutes.
