IP transit prices declining globally

Wholesale Internet access prices are declining rapidly in much of the world, but particularly in the U.S. and Europe, where median monthly prices for 1,000 Mbps Gigabit Ethernet ports in the second quarter of 2008 varied between $10 and $14 per Mbps, according to TeleGeography. Prices are still double or triple those rates in Asian countries and even more expensive in Latin America, despite at least modest declines in both of those regions. Competition, declining equipment and lower transport costs are some of the reasons for the price drop-offs.

For more:
- check this post from TeleGeography