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Technology Stocks : VideoPropulsion, Inc. (VDOP)

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To: Savant who started this subject1/24/2001 9:21:12 AM
From: riposte  Read Replies (1) of 24
 
Video-on-Demand is Coming.

Sooner or later...

Steve


[Investor’s Business Daily, A6.]

The dot-com boom may be a bust, but that hasn’t stopped top guns in technology from spending heavily to build Web hosting centers. Web hosting is a form of outsourcing where companies pay to have someone else set up and manage their Internet site. A group led by AT&T is shelling out $2 billion over three years to build 44 Internet data centers in 16 countries. Companies are racing to expand their capacity and make their hosting centers as reliable as possible. Hosting centers also tout better network connectivity. AT&T early this month plugged in what it said was the first coast-to-coast Internet protocol backbone running at 10 gigabits a second. The high-speed circuit can send 25 full-length movies from Los Angeles to New York in less than two minutes, AT&T says. AT&T also announced the opening of two new Web hosting facilities, raising its total to 13. The company plans to build eight more centers this year as part of its goal to have 44. AT&T’s partners include British Telecommunications and its joint venture, Concert. Sant Srinivasan, director of Web hosting services, says AT&T’s push into Web hosting “is a natural evolution” as the business world migrates from standard telephone technology to Web traffic. Moreover, it’s another piece of AT&T’s plan to provide high-speed video, audio and data communication services to businesses and homes. This plan includes delivery of video-on-demand services through AT&T’s digital cable TV business. “Web hosting is only one part of the plan,” Srinivasan said. “When we get to providing movies on demand, as the technology improves we’ll stream video right to the end user.”

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