IT Industry joins to decide new network pricing

IT Industry joins to decide new network pricing

22:09 27th July 2009

This week the Broadband Stakeholders Group will find out more about the pricing for the next-generation internet.

Eurim, a parliamentary-industry discussion group has said the current rating system is stopping firms working together to bring costs down.

The group's spokesperson Philip Virgo writing in his blog on Computer Weekly described the current ratings as "the biggest single barrier to joined-up investment in low-cost resilient UK broadband".

Removing the rates would get rid of what he described as the "biggest road bock on the UK superhighway".

The Broadband Stakeholders Group is to meet with the Valuations Office to decide on how to improve the system.

According to Mr Virgo, such a meeting of minds is difficult as organisations are weary to reveal too much information.

Moving into networking careers people become reliant on the internet and are keen to know how the growing network will be paid for.

The internet now reaches across the world thanks to a new fibre optic undersea cable that connects Africa and India.

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