tutorial - Control Your Network badwidth with Wondershaper in Linux

If you are a Network Administrator with little knowledge in Network Protocols and IPtables, don't worry you can also controll your network traffic with a simple tool named wondershaper.

Installation:
OpenSuSe 11.2 user can use "1-click" installer to install Wondershaper - here
Ubuntu: sudo apt-get install wondershaper

$ifconfig this will help you to find the network interface (eth0, eth1 or wifi0 etc..) on which you need to apply bandwidth shaping.

Now here is the simple example of using wondershaper:
$sudo wondershaper eth0 downspeed upspeed

eg: sudo wonderspeed 128 64
To Disable this settings: $sudo wondershaper clear eth0

To make these connection settings permanent by editing /etc/network/interfaces file :
$ sudo gedit /etc/network/interfaces and add the following lines:
up /sbin/wondershaper eth0 downspeed upspeed
down /sbin/wondershaper clear eth0


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source:http://linuxpoison.blogspot.com/2009/11/135781757110033.html