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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.75

-0.5%

Dec 3 4:00 PM EST

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To: Bobby Yellin who wrote (36710)	7/6/1999 8:29:00 PM
From: goldsnow	Read Replies (1) of 116791

Wireless Internet 'next year' By Dan Roberts LOW-COST telecom services from video phones to fast Internet access could be available to homes next year without a wire in sight after the Government announced plans to auction under-used radio frequencies. The Department of Trade and Industry launched a consultation document yesterday proposing to auction two high-frequency slices of the radio spectrum to companies wishing to offer "broadband" services over the airwaves. Broadband access, which is currently available mostly through fibre optic cables, allows much higher speeds and better capacity for video pictures compared with traditional copper telephone wires. Lowering the cost of broadband technology and making it available in remote rural areas where cable is too expensive are therefore seen by the Government as vital next steps in increasing Internet use in Britain. Mobile phone companies are already planning to launch their own Internet and video services via radio, but the launch of new frequencies aimed at domestic users will dramatically increase competition. Michael Wills, Telecoms minister, said: "We are experiencing an information revolution every bit as significant as the industrial revolution. This will give everyone cheap access to the information superhighway. In the future, you will be able to send home videos over the network to relatives, make video telephone calls and create virtual classrooms for learning." The consultation period will run until September 30, and Mr Willis said he hoped that some companies would be offering services by next year. The telecoms watchdog, Oftel, is expected today to announce tough new measures to force BT to allow companies to share its local loop. This could be done in exchange for allowing BT access to radio licences. British Telecom also announced plans yesterday to improve the ability of this copper network to carry broadband services by placing a multi-million pound order for new equipment. telegraph.co.uk:80

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