What? It is definitely possible to rent dedicated servers for that price with an un-metered gigabit pipe.

With 2 minutes of looking on webhostingtalk I found: http://www.webhostingtalk.com/showthread.php?t=1667849

Sure it's a no name provider, but you can get an Intel E3 for $80 with a "Guaranteed 700 Mb/s" pipe.

Edit: Clearly I misread the original quote given the OP response