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Old 02-19-2006, 09:35 PM  
Pornwolf
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Join Date: Jan 2002
Location: Hollywood
Posts: 22,712
Get a 100 mbs server Colo for only $25

Well, maybe that's not supposed to be for colo but you can be sure that's what plenty of people are going to use it for:

http://money.cnn.com/magazines/busin...8133/index.htm

Quote:
By Om Malik
January 27, 2006 3:34 PM EST

(Business 2.0) ? Throughout the world, Residential Internet access is usually sold as part of a bundle: To get fast, always-on service, a customer first has to purchase a local telephone line or sign up for cable TV. But what about those who just want the high-speed connection?

That's the market served by City Telecom, a Hong Kong company that offers 100 megabits per second--65 times as fast as a typical DSL connection--for just $25 a month, with no phone or cable strings attached. Ricky Wong, founder and chief executive of City Telecom, describes his company as "a broadband utility." City Telecom is already Hong Kong's second-largest residential broadband provider, despite competition from PCCW, the area's largest and oldest phone company; iCable, the dominant cable operator; and HGC Telecom, a firm backed by billionaire Li Ka-Shing. Now, in fact, those larger competitors have made it their mission to halt Wong's progress. Says Dave Burstein, editor of industry newsletter "DSL Prime," "City has inspired incumbents to sprint and catch up...
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