that's actually nothing too spectacular
i'm in Bucharest right now and here the entire city is wired up with fiber optic. It's one giant LAN.. I routinely get stuff at 3-4 megabytes/second as there are tons of dc hubs open
I'd say there are close to 300 000 people in this lan so you always have plenty of stuff to get locally.
Internet access is mostly reserved for browsing, icq, yahoo, etc