Internet prices are decreasing 10 percent

The recent decision by Bangladesh Submarine Cable Company Limited (BSCCL) to reduce all types of internet prices by 10% is a significant step toward making internet services more affordable. This price reduction, approved in the company's latest board meeting, will benefit both mobile and broadband internet service providers, ultimately lowering costs for consumers.

Key Takeaways and Impacts

• The price of bandwidth at the International Internet Gateway (IIG) level will drop by 10%.
• This reduction is expected to trickle down to end-users, making internet access cheaper for individuals and businesses.

• Discussions are ongoing regarding providing Dense Wavelength Division Multiplexing (DWDM) facilities at the backbone level for mobile operators.
• This initiative will cut telecom companies' transmission costs by 39%, significantly improving network efficiency and reducing operational expenses.

• The government has encouraged telecom operators to pass on the benefits to consumers, aiming for a 10% reduction in retail internet prices.
• Previous discussions with telecom operators suggested a positive outlook for cost savings to reach end-users.

• Bangladesh is set to join the SEA-ME-WE-6 (South-East Asia – Middle East – Western Europe 6) submarine cable system by mid-next year.
• This will increase bandwidth capacity and improve overall internet speed and reliability.
• More submarine cable connections will enhance international connectivity and reduce dependence on existing cables, making internet services more robust and cost-effective in the long run.

• Unlike previous internet price reductions, this move directly addresses both wholesale and transmission costs, ensuring a broader impact on pricing at different levels.
• The introduction of DWDM technology and a 39% transmission cost reduction for telecom operators marks a major infrastructure upgrade, which will lead to long-term improvements.
• The upcoming third submarine cable is a forward-looking move to ensure future scalability, preventing bandwidth congestion and supporting growing data demands.

• More affordable and accessible internet for consumers and businesses.
• Improved network quality and speed due to better backbone infrastructure.
• Strengthened digital economy and better opportunities for remote work, education, and e-commerce.
• Enhanced global competitiveness as Bangladesh becomes better integrated with international data networks.