Submarine Cable Company's internet prices to fall by 10%

All-type internet prices of Bangladesh Submarine Cables PLC (BSCPLC) will decrease by 10 per cent.

This decision was taken at the company's board meeting yesterday (Saturday). As a result, the company's costs will dwindle in both mobile internet and broadband services, said a press release issued by the Chief Adviser's Press Wing on Sunday.

Faiz Ahmed Taiyeb, the Chief Adviser's Special Assistant on Posts, Telecommunications and Information Technology, said the government has been working to minimise the internet price. 

Several initiatives have been taken to ensure that people are getting internet at affordable prices, while reducing prices at the wholesale level is one of those, he said.

As a result of this decision, Taiyeb said, the prices of all bandwidths at international gateway level of the internet will be cut by 10 per cent.

In addition, he said, talks continue to provide DWDM facilities to mobile operators at the backbone level.

As a result, the cost of transmission for telecom companies will dwindle by 39 per cent, the special assistant said.

He said discussions have already been held with telecom operators on this issue, while the operators are expected to cut the price of internet at consumer's level by up to 10 per cent.

Taiyeb said Bangladesh will be connected to the third submarine cable, South East Asia-Middle East-Western Europe 6 (SEA-ME-WE 6), by the mid of next year.