Indian telecom regulator cuts upper limit on international bandwidth prices by up to 70%

International bandwidth has tended to be way overpriced in India for
various reasons (poor routing policies locally, no peering till
recently, incumbent telco which was the sole reseller for
international bandwidth into the country and preferred maintaining an
artificial shortage..)

E1, DS-3 and STM-1 international bandwidth costs are now capped at INR
1.3 million, 10.4 million and 29.9 million pa respectively (INR 50 ~
USD 1)