Dubai: etisalat on Saturday announced a price restructuring for its IP Connect service reducing rentals by almost 70 per cent for access links.

The new price structure offers increased savings and the incentive to opt for the advanced ethernet-based IP connectivity network.

The new prices took effect on October 1.

Simultaneously, etisalat has also introduced new one-year contract prices for access links, which are 15 per cent lower than standard monthly contract rentals.

etisalat has also changed the billing frequency so that customers can now pay on a monthly rental basis rather than quarterly to reduce the burden on their cash flow.

Abdullah Hashim, Vice-President, Enterprise Solutions, etisalat, said: "The revised pricing and billing changes are meant to give our customers increased savings and flexible payment schedules.

"With this, businesses across the UAE can now reap the advantages of IP Connect which gives them a private and secure network that can offer flexible connectivity with speeds of upto 1 GB between offices nationally or internationally.

"Customers can now add new sites to their network, and be sure that IP Connect will match the scale of their operations, with costs no longer limiting their connectivity requirements."

The IP Connect service is offered over etisalat's secure MPLS (Multiprotocol Label Switching) network and offers customers the flexibility of direct inter-branch communication rather than branch to head office only.

The service also allows dedicated performance to different types of traffic on the customers private network - voice, video and data applications - which gives businesses the freedom to prioritise.