Competition drives IP transit prices below $1 per Mbps, study says

The ongoing demand for higher capacities to drive even faster network speeds, combined with technological enhancements to deliver greater throughput per bit, is pushing the price of IP transit below $1 per Mbps, according to new data developed by TeleGeography. The price drop, which the research firm did not see as necessarily bad, is being fueled by a highly competitive marketplace where high bandwidth is requisite and price wars are popping up as carriers offer to deliver more speed for less cost.