The cost of international capacity between the US and Asia has dropped dramatically in the past ten years. In 1996, US$10,000 would buy a 64kbps IPLC between Asia and the US. The same money buys a STM-1 (155Mbps) circuit in 2006. Dramatic drops in the price of international capacity as a result of market deregulation in the Asia Pacific is resulting in a shift in the dynamics of Internet traffic, according to a presentation at the APRICOT conference in Taipei this week. Read more.