The London Internet Exchange (LINX) has announced that from 1 July 2009, it is applying significant price cuts on its membership and 1GigE and 10GigE port fees.

Each one of LINX's 334 members will benefit from a 20% saving in membership costs plus a further 7.5% reduction for those with 1GigE and 10GigE ports. The new prices follow those introduced in September 2008 when 1GigE and 10GigE ports were reduced by up to 25% continuing a run of annual price cuts.

LINX membership has seen exceptional growth in recent months with 52 members joining in 2008 alone. This rapid development has continued into 2009 with a further 26 applications to join the exchange since the beginning of the year. Overall, LINX has more peers, more sites over a greater metro area and access to more Internet routes than any other Internet exchange point in the world.
 
LINX CEO, John Souter, said: "As a mutually-owned organisation, LINX has been cutting its prices for a number of years now. We are confident that we have achieved a 'virtuous circle', whereby lowering our prices leads to an increase in the number of members. This in turn leads to greater economies of scale and enables us to continue to cut our prices still further."

Mr Souter added: "The great news is that every member will see a reduction in their bills. This will take effect immediately without any change to our membership agreement. Ultimately, these mid-year reductions demonstrate our continued commitment towards acting in the best interests of our members now, and in the future."

Full details are publicly available on the new fee structure here: https://www.linx.net/govern/servicesfees