IPNG was founded in 2021 by a group of Internet Companies (ISPs, Cloud and Content providers) who decided to come together and combine their aggregated bandwidth usage in order to lower their individual transit costs. Although a commercial entity, IPNG has been engineered as a separate/external party to the initial founding group, operating with unparalleled autonomous integrity expected from such a resource broker. It is envisaged that the operational aspect of IPNG will be outsourced to an independent third-party operator once a certain business maturity level has been reached. The founding charter of IPNG has been etched in a non-for-profit spirit. The extremely low fees that are included in the published prices are used to ensure that the operational costs are being met, while the company viability (growth, R&D, marketing and finance) is prioritised through its lifecycle.