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To: Techplayer who wrote (31179)9/27/2000 12:54:11 AM
From: Techplayer  Respond to of 42787
 
bobby....Telecom industry rings in 9 percent growth, study says
By Patrick Ross
Staff Writer, CNET News.com
September 25, 2000, 4:10 p.m. PT
URL: news.cnet.com
Despite increased competition in the telecommunications market, established communications companies are still able to increase sales by tapping the growing markets for high-speed services, according to a new government report.

An annual survey of telecommunications providers released today by the Federal Communications Commission (FCC) found that industry revenue grew 9 percent this year to $269 billion, up from $246 billion last year.

New voice and high-speed Internet services have created new opportunities in the overall market as consumers and businesses look for new ways to expand their information networks and, as a result, spend more money than ever on communications.

Incumbent providers, namely the local Bell phone companies, managed a 4 percent increase in total revenues to $112 billion, up from $108 billion a year ago.

Bell companies have benefited from the increasing interest in dial-up Internet access and the resultant demand for second phone lines and also have seen growth in the deployment of digital subscriber line (DSL) services.

Competitive local communications providers are growing rapidly, with revenue up 55 percent to $5.7 billion from $3.4 billion a year ago. Despite the skyrocketing growth, competitors to the Baby Bells still managed to garner less than 5 percent of the total revenue for the industry.

Wireless providers also saw a spike in revenues, up 30 percent to $48 billion from $37 billion last year. Incumbent telecommunications providers are among the most aggressive players in wireless, another factor in their ability to grab additional sales.

Long-distance revenue showed just 3 percent growth, to $108 billion from $105 billion. The FCC attributed the slow growth to "sharp reductions in the price of international calling," which resulted in part from FCC actions designed to encourage foreign governments to offer lower connection rates.

Slow revenue growth in long distance isn't news to investors, who have watched Sprint and WorldCom warn Wall Street of lower earnings expectations. AT&T, meanwhile, is considering restructuring its business in an effort to boost its foundering stock



To: Techplayer who wrote (31179)9/27/2000 1:36:06 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 42787
 
Also, who cares about aborigines or Joe trucker.

Interestingly enough, truckers are big users of the internet. The two biggest owner/operators of truck stops in the U.S. have been deploying internet connectivity (along with voice and cable access) to the truck parking spaces for the past couple of years. You would be surprised at the number of truckers that have laptops under the passenger seat.

Road warriors, people who travel for their job, tend to be big users of the internet. (hmmmm....watch NYPD Blue reruns or hang out with my buddies on SI..decisions, decisions).



To: Techplayer who wrote (31179)9/27/2000 12:10:23 PM
From: bobby beara  Read Replies (3) | Respond to of 42787
 
what do coke, yahoo, micron tech, microsoft, priceline dot com, gillette, compaq, iomega, brunswick bowling balls, gold, and tulips have in common - nothing and everything.

ho ho ho

are u one of those synergies people -ggg-



To: Techplayer who wrote (31179)9/27/2000 6:53:04 PM
From: mtnlady  Respond to of 42787
 
Actually "Joe Trucker" is hooked to the net... He uses email, his kids use email, his wife buys stuff through the internet, his truck and load is tracked via wireless, his trucking company is going the way of b2b to sell it capacity, and Joe uses his cell phone that connects.. you guess it(!) .. to a broadband connection as it's backbone. I could think of thousands of other examples.. You may be right about the aborigines though... <g>