Hello Ashfaq,
My reply is inline :)

> Since many bdluggers use edge connectivity, I want to know
>   

You are right that people are using EDGE for their internet usages. But 
recently we found GP EDGE screwed up, and I don't recommend you to go 
for GP.

>    1. Is an edge modem is good?
>   

None of the USB EDGE modems are good. But there are some good PCMCIA 
EDGE cards available on the market.

>    2. which edge modem should I buy?
>   

Try a EDGE phone. I think most of all Nokia 2.5G handsets has Class 10 
EDGE modem inbuilt.

>    3. Where should I buy from?
>   

For Nokia, you should take it from a Nokia authorized shoppe.

>    4. What might be the approximate price?
>   

Nokia 6151 comes with 14000 and there is a Motorola set which comes with 
8000 taka. But I forgot the model.

Thanks
Omi

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