In my work inbox this morning, a message from TeleGeography. Their latest report on IP transit pricing is out. This bit struck me: 1,000Mbits of transit over Gigabit Ethernet in Bucharest now costs no more than it does in London – and only a couple of dollars more than in San Francisco. That’s incredible, and impressive. Talk about returning to Europe. Interestingly, the price is almost identical whether you’re in North America or Europe; but it’s higher by a factor of seven in Sao Paulo.