Asia-Pacific broadband prices to decline 20-25% a year

Gartner stated that international bandwidth prices in the Asia-Pacific region will continue to decline by 20-25% annually in the next 3 years. This is because of the large number of players aggressively competing for enterprise business and the excess capacity across Asia. For the fast growing Indian market, new submarine cables like TICS (Tata Indicom Chennai Singapore), FLAG Falcon (Reliance) and SMW-4 will add capacity on both the western routes towards Europe and eastern routes towards Singapore. This will result in a 40-50% annual price decline for international connectivity from India.