{"id":7061,"date":"2023-04-03T10:14:00","date_gmt":"2023-04-03T10:14:00","guid":{"rendered":"http:\/\/18.132.70.63\/?p=7061"},"modified":"2023-05-24T11:21:42","modified_gmt":"2023-05-24T11:21:42","slug":"full-fibre-provider-its-announces-a-series-of-2023-price-freezes-and-price-reductions","status":"publish","type":"post","link":"https:\/\/itstechnologygroup.com\/products\/full-fibre-provider-its-announces-a-series-of-2023-price-freezes-and-price-reductions\/","title":{"rendered":"Full fibre provider ITS announces a series of 2023 price freezes and price reductions"},"content":{"rendered":"\n
Wholesale full fibre provider ITS Technology Group (ITS), has announced it will not introduce price increases to any existing contracts or new on-net sales this year. It will also honour all off-net inflight orders including those at quote stage, despite many of these services being subject to price hikes by its operator partners from 1st<\/sup> April.<\/p>\n\n\n\n To further support its partners in a challenging economic climate, in response to rising demand for 10G leased line services, ITS has also announced price reductions (up to 35%[1]<\/a>) to FibreBright 1G to 5G bandwidths on 10G Bearers. Effective from 3rd<\/sup> April, this new pricing will be available on ITS\u2019 Faster Britain Portal, applied to eligible FibreBright products on three and five year contract lengths.<\/p>\n\n\n\n Pete England, Head of Product Development at ITS said: \u201cWe want to do all that we can to mitigate the impact that continued high inflation, interest rate rises, and price increases are having on our partners\u2019 businesses and those of their customers.<\/p>\n\n\n\n \u201cThanks to our strong financial position we are able to take the brunt of supplier increases this year, providing certainty for our partners around these tariffs to allow them to manage their costs. Many of our partners have already fed back to us how this pricing strategy is going to help them save the time, cost, and resource that would be needed to administer price increases in-contract. We will continue to do all that we can to support our partners in this way.<\/p>\n<\/blockquote>\n\n\n\n\n