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They are one of the cheapest hosting services, their plan currently cost only $2.95/month for the first year and with unlimited bandwidth and storage. this plan provides very good value for the money.
Bleuhost also allows the customer to install multiple wordpress blogs on the same hosting package. Another great feature of bluehost is the fact that their services are well optimized for running wordpress blogs and thus they allows you to install wordpress with 4-5 minutes.
NOTE: with Bluehost you will get one free domain name with your hosting purchase, saving you money on your first domain name.
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