Are they supposed to be this poor? I did some speed tests from my box at Leaseweb to a LT box, and I can only upload via FTP at about 50KB and download from the LT box at 250-300KB.
I can understand speeds of 300KB, but 50KB?! Why would it be so low to upload? Since I am about 105ms away and can pull down 600KB/s and the LT box is 125ms away, I don't see how latency could account for such a big difference.
When high latency is in play, packet loss can be devastating. It's apparent that packet loss is occurring somewhere along the path. Try increasing your TCP window size; that's about the only thing you have control over from your end.
For reference, most of my transfers between the US and Europe are in the 600KB to 1300KB/sec range; the highest I've ever observed, including TCP tweaks, was 2200KB/sec.
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