What's impressive to me here is not the capacity but the price for the capacity. At allegedly 777 CHF per year this is a steal so far removed from my reality it's obscene.
If you make the assumption that they are using 100G switches or line cards with 32 ports, those ports can be broken out to 128x 25G ports. That comes out to ~$100,000 USD in revenue per 1U per year. Not too shabby.
And Init7 is solid quality (and probably the perfect ISP for people who like to have fun with their network), but not exactly cheap for Zurich. You can get like 10Gb/s for half the price with other ISPs.