IP: Telecom players spend big, but win little

[Dave Farber <farber@cis.upenn.edu>]

Telecom players spend big, but win little

By John Borland
Staff Writer, CNET News.com
September 27, 2000, 11:50 a.m. PT

As the world's biggest telecommunications companies spend hundreds of 
billions of dollars on new technology, they face a dangerous possibility: 
There might not be a pot of gold at the end of this particular rainbow.

 From AT&T on down to the newest local network companies, 
telecommunications companies are in the midst of an expensive shift to 
Internet-based technologies, wireless and data initiatives as the 
underpinnings of their networks. Infrastructure spending for these networks 
has gone up by about 30 percent a year, as they see the traditional voice 
business revenues wither in favor of data and wireless use.

http://news.cnet.com/news/0-1004-200-2878444.html