The government yesterday slashed internet bandwidth prices by 20 percent to Tk 8,000 per megabit per second (Mbps), as promised by Telecoms Minister Rajiuddin Ahmed Raju in January.
The industry insiders say the new price will allow the internet service providers (ISPs), including the mobile operators and WiMAX providers, to decrease the internet prices.
Sumon Ahmed Sabir, senior vice president of ISP Association of Bangladesh, said the price cut will “reduce the price at last mile level or consumer level”.
He also said a number of international internet gateways are entering the market soon, which will create competition and further reduce the bandwidth price.
In February last year, the government slashed the internet price down by 16.66 percent to Tk 10,000 per Mbps.
Back in 2007, the bandwidth price stood at Tk 75,000, which the caretaker government reduced to Tk 27,000 per Mbps.
-With The Daily Star input