3 February 2005
Most estimates indicate that IP traffic continues to grow at rates exceeding 50% per year. Yet, we have the following situations unfolding as we speak:
- Carl Icahn owns around 65% of XO Communications with no clear game plan announced. The company currently operates as a traditional CLEC.
- SBC is buying AT&T for around $16 billion.
- Qwest is negotiating to buy MCI for around $6.3 billion, but has $17.2 billion of debt already.
- RCNC went bankrupt.
- David McCourt has resigned from boards at Level 3 and CTE.
- Level 3 trades at $2.97 from a high of $130 with over 100% share dilution.
- Vonage and Skype continue to make inroads at the consumer level.
- Cisco continues to preach VoIP.
- 1.5Mbps costs an American consumer about $45 per month.
- Leucadia/WilTel are private and quiet at the moment.
- MCI holds the tattered remains of what was once at $180 billion combination of Worldcom and MCI.
- Sprint is paying $35 billion for Nextel.
Can anyone see an endgame in all of this?
Filed under: Bandwidth