We're Not Watching A Downturn

31 August 2002


Telecom is going through a fundamental state-change. From the labor intensive, centrally planned quasi-governmental monopoly to a highly automated, customer-driven technology industry. Some company or companies will emerge as the ”Intel’s” of telecommunications.
Why shouldn’t you be able to scale your home or business bandwidth with little more than a credit card and a web browser? The long-term answer: you will! The short-term answer: legacy thinking!

BellSouth Warning Hits Baby Bells. PHILADELPHIA (Reuters) – Another earnings warning from BellSouth Corp. (BLS.N) slammed shares of other Baby Bells and wireless companies as investors feared that the battered telecommunications industry had not yet hit bottom, analysts said on Friday. By Reuters. [New York Times: Technology]

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