John,
I'll have to come back and read your message when I have a free evening . Thanks for the thorough analysis. Somewhere towards the top of your message you talk about costs of laying pipes not only in terms in $s but time as well. xDSL is the most expensive on both fronts, followed by cable. The cheapest is wireless, and it seems custom built for local loops. When T went for cable, WCOM shrewdly, tried to up the ante by going after wireless (which is a few years away from being ready for prime time). Essentially eliminating the need for RBOCs. NXTL wouldn't deal, which may end up being a blessing in disguise.
Personally, I don't think that we've heard the last about the wireless issue. It'll be interesting to see if WCOM decides to build or acquire.
I don't care what anyone says, I have faith in the WCOM management team. I think they complement one another very well. Usually, you wonder if a CEO who runs a $1B company can run , say, $100B company. Considering how well the integration of MCI is going, I say the WCOM team has the aptitude to do it.
Ahmad |
