In a first for the South African market, local ISP OpenWeb has launched “Bid for Bandwidth” where data will be auctioned to the highest bidder and which could save customers up to 80% off the price of their monthly ADSL package.
OpenWeb CEO Keoma Wright says they have to find innovative ways to utilise the available bandwidth optimally. “A bid is for the monthly fee one pays for data. If your bid is accepted, the sale is immediately concluded and the price will stay locked in for the life of the account.”

“If the bid is rejected, clients will receive a notification and be offered one more opportunity to increase the bid,” Wright says. “If the bid is then accepted, OpenWeb will automatically create the account.”

The product range on auction is the Home Uncapped ADSL, OpenWeb’s everyday ADSL product. The product is shaped during peak times, when the network is busy, and unshaped off peak times when the network is quiet. Normal package pricing ranges from R99 for 1Mbps to R595 for 20Mbps.

To bid for a package visit http://www.openweb.co.za/bid-submit