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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: Frank A. Coluccio who wrote (5409)	10/3/1999 1:45:00 AM
From: elmatador	Read Replies (2) of 12823

Frank, perhaps we don't need to see fiber everywhere. First it will go where you can raise most revenue with the least investment in infrastructure. Then -I think- it will percolate downmarket near and near the average customer. I would like to give the European perspective: The European market is highly concentrated in just a few countries and customer segments. The top five countries (Germany, France, the United Kingdom, Italy and Spain) generate 75 percent of all European telecom revenue. Business customers generate approximately 60 percent of all telecom revenue and 75 percent of EBITDA, allowing for attractive "cream-skimming" opportunities. A large percentage of the European market opportunity is clustered densely in a few regions. While the top 16 European countries have a total telecom market opportunity of US$200 billion, the top 50 metropolitan areas in Europe generate nearly US$60 billion of revenue. Business telecom revenue is highly concentrated in the top 25 financial centers, enabling a CLEC to address a disproportionately large percentage of the market with a presence in a small number of cities.

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