BounceWeb.com started as a free web hosting provider in 1999. Now they don't don't offer any free hosting services. However their prices still put them in the category of cheap hosting service.

Features:
Their basic package starts from $7 per month with almost everything unlimited.
One of the best thing about BounceWeb is their re-seller hosting plan starting from $20 per month. Starting your own hosting company cannot be any cheaper than that.
BounceWeb has 99.9% up time and they are known for their fast connection speed.
Right now, they are hosting 57,000 websites.

Support:
They provide response to customer support requests within 30 minutes. Although there are many hosting services that provide fast support but none of them provide a guaranteed time frame.
Bounceweb.com also has live chat support on their website for instant support to their customers.