Internet News - In Brief

Internet

- According to a report by the Arab Advisors Group, the number of internet accounts in Egypt is expected to grow at an annual rate of 23.7% between 2003 and 2008 to around 1.9 million at the end of the period, translating to a penetration rate of 2.5%. The number of accounts stood at 647,000 at the end of 2004. The number of users, which currently stands at around 1.94 million is predicted to rise to 5.6 million by the end of 2008.

- South African fixed-line phone operator Telkom will cut prices for broadband Internet access from March 1 after winning more than 50,000 customers, the group said on Thursday. Telkom said it would reduce the monthly cost for BusinessDSL 512 to 699 rand a month from 800 rand and HomeDSL 512 to 599 rand from 680 rand. HomeDSL 384 remains unchanged at 449 rand. "We continually evaluate our costing and with the anticipated growth, we expect further price adjustments going forward," Telkom chief executive Sizwe Nxasana said in a statement. Telkom is under pressure to cut prices as the goverment opens South Africa's telecoms industry to rivals.