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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (27874)	7/29/1999 12:13:00 PM
From: IQBAL LATIF	Read Replies (3) of 50167

"Whether the (telecommunications) industry likes it or not, voice is absolutely going to be carried by IP (Internet telephony)," to the tune of a 30-50% growth rate, predicts Gordon Astles, vice president for Cisco Systems (Nasdaq: CSCO) Americas/International. Commenting in a StockHouse.com interview on future industry trends and Cisco's role, Astles added that, "IP being Cisco's focus means that the voice market is coming to Cisco, not the other way around. We have to learn voice, and everybody else has to learn IP." The Cisco executive told StockHouse that the Internet explosion -- especially in emerging countries -- should bring the IP market to $200 billion in the next five years from its current level of $130 billion to $150 billion. He noted that half of Cisco's future business is expected to come from service providers as the company positions itself "to be the worldwide leader of networking for the Internet." View the entire interview online at stockhouse.com or, hyperlink to stockhouse.com.

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