Jahangir Raina, director of Cape Saffron, is the baby of the bandwidth brokers at 25. A former BT staffer and consultant for London-based pricing experts Phillips Tarifica Ltd., Raina also has the most aggressive pricing. For its part, Band-X is also refining its services. Last week, it opened a switch-based service at London carrier hotel Telehouse, allowing buyers and sellers to trade via a managed interconnect. Prices are tumbling, and elasticity in the market can't support minute trading.
Demand is for data.
Judging by their pricing schemes, there is no consensus on how to charge. This differs greatly from the other exchanges. Charges are based on cumulative, not monthly, invoiced totals. For editorial comment, contact the Editor. All copyright 1998 Emap Business Publications.