New Delhi: The Telecom Regulatory Authority of India (TRAI) has cut international bandwidth prices by 35-70 per cent which is expected to lower tariffs for international long distance calls, internet access and broadband services.

This is expected to benefit IT and IT-enabled services companies and retail customers as operators would be free to offer tariffs that are lower than the ceiling tariff fixed by the regulator.

Nasscom president Kiran Karnik said, "We have been pushing for this for a while. This is a good step for the Indian IT and ITES industry."