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The Internet has brought the blessings of Facebook, Skype, and Twitter to some of the remotest places on Earth, helping to bridge the gaps between continents, nations, and individuals. As seemingly ubiquitous as the Internet has become, research from TeleGeography shows that the cost of wholesale Internet service--IP transit--continues to vary dramatically around the globe.
According to TeleGeography's IP Transit Pricing Service, in Q2 2009, the median price of a fully committed GbE port (1,000Mbps) in major European and North American cities was approximately $10 per Mbps per month, after dropping approximately 20 percent per year for the past three years.
