No wonder over-provisioning is the norm in the core of the network. Wow.
Per the text:
Cogent this morning is announcing new discounts for customers who commit to three-year contracts and for higher volume service provider customers. The new three-year price for Ethernet service is a flat $7 a megabit, a dollar less than the previous rate for contracts of two years or more. For service providers who buy Ethernet services at volumes between 100 megabits per second and a Gigabit, rates are as low as $6 per megabit for a three-year contract. Service providers who buy between one Gigabit and 10 gigabits will enjoy a three-year contract rate of $5 a meg, and those that consume a full 10 gigabit port can pay as little as $4 a meg on a three-year contract.