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A LIR, in contrast to a RIR is a Local internet Registry, these are people who have accounts with RIRs, and downsell and assign resources to smaller groups of people, generally users of a specific ISP, or a small group of people. LIRs are effectively always cheaper than going to a RIR for the majority of people who don't need vast swaths of resources assigned to them. LIRs can issue ASNs and IP Resources and generally also sell other things you may need to utilize them, like BGP sessions and virtual servers (VPSes).

Some reputable LIRs are Cloudie Networks and iFog