I'd love to know where you can get a fiber circuit for $500/m. (And even if you can, then you probably can't compete with whoever's selling you that circuit anyway.) When we started we haggled considerably.. (had to sign a 20 year deal) and managed to get a 2G/10G circuit for $1,500/m. (A 1G circuit would have been $1200/m)
I guarantee it's not dedicated. it may go over a dedicated line at some point, but I'm in the layer2 business running GMPLS and shared switched traffic and you're either on GPON or some Metro Ethernet gear. you are sharing the neighborhood bandwidth on a metro switch, or you're sharing both light spectrum (GPON) AND the neighborhood bandwidth. you could have 100g but it's still shared.
Do you think there's a company advertising 5gbps at $600/m for residential services? Those are dedicated fiber prices, all be it very good ones (I'd question the peering outside of Europe).
2G/10G? Normally I see it considerably cheaper for download bandwidth vs upload bandwidth, as your provider will just sell/reserve the upload bandwidth for servers, since servers use vastly more upload.
Of course, the rate you gave holds with the $1/mb I was assuming. You oversell bandwidth obviously.
