From Tim (he who has no blog or site or anything to point to):
_ Business Day – News Worth Knowing
THE price of international bandwidth will plummet 80% when the Seacom undersea cable goes live on June 17 next year.
Seacom will be the first of several proposed cables to finally reach African shores and local universities have already been promised international bandwidth for just 2,5% of the fee they currently pay.
Seacom president Brian Herlihy said the $600m, 17000km cable running up Africaâ€™s east coast, then on to India and France, was on track for a â€œdead-certain delivery dateâ€.
Its bandwidth will cost as little as R267 a month per 1MB, compared to between R3500 and R11000 to use Telkomâ€™s bandwidth on the existing Sat-3 cable, or a punishing R231000 for satellite connectivity.
So, is this good news or what?? Thoughts? Will SA people based in SA be able to take over the world now?