Neotel has dropped the prices for its NeoBroadband Fibre products, which service small and medium-sized businesses with lines with speeds of up to100Mbps lines, via fibre to the building.
The telco has also withdrawn its 1Mbps product for business, but will continue to offer services below 2Mbps for its retail customers.
In a statement today, Neotel said it would reduce Neobroadband packages by up to 42%. "Neotel is offering its NeoBroadband customers greater speeds at the same monthly cost for a 24-month term, while providing uncapped and unshaped symmetrical Internet access."
The reason for the termination of services below 2Mbps, said Neotel, was due to technology limitations. "Customers will be given the choice to upgrade their 1Mbps service to the 2Mbps service at the same price for a 24-month term. This will also apply to other offerings: 2Mbps service customers upgraded to 5Mbps at the current charges for 2Mbps."
In addition, NeoBroadband Fibre customers will have the ability to boost their speeds "on demand" to cater for their temporary needs for higher speed above and beyond their subscribed speed, said Neotel.
"The customer will only pay for the higher speeds for the period they require the boosted speeds. This offer of speeds of 2Mbps or higher will be offered on Neotel's own infrastructure such as fibre and WiMax. These services complement Neotel's fixed wireless LTE services already launched in Gauteng."
Neotel's NeoBroadband Fibre 2Mbps line is now available for R1 600 per month (plus a R1 500 installation fee) over 24 months; while the 5Mbps line will sell for R3 050 per month, for 24 months (plus a R1 500 installation fee). The old prices were R3 050 and R5 100, respectively.
Neotel CEO Sunil Joshi says the company is expecting "huge uptake" from the SMME segment as well as larger corporates.
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