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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (2481)	9/28/2000 5:38:03 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 3891

North America could miss new Internet revolution: Flynn By Steve Ladurantaye Business Media Network North America is in danger of falling behind the rest of the world if it doesn't change the way it tackles broadband Internet access, Alcatel's Pearse Flynn said Thursday morning. Flynn is the president of Alcatel's carrier networking division. Speaking to several hundred executives gathered on the boarded over ice surface at the Corel Centre, Flynn said the Internet revolution hasn't yet begun. He says that traditional copper wire is going to be the method of choice to deliver high-quality content to homes and businesses the world over, and most companies are spending too much time tearing up highways to lay fibre optics. "The Internet of today is an empty movie set,” Flynn says. "This may sound radical, but North America is at a serious disadvantage going forward, and there is potential for North America to fall behind Europe and Asia.” Flynn says the European model of delivering content over traditional phone networks using DSL connections – a simple form of delivery that doesn't require any new wiring to go from house to house or building to building – is taking off in earnest and companies that don't understand the new paradigm are going to slip off the side. "Blockbuster is toast,” Flynn explains. "When broadband becomes available we're going to put a big fat pipe in your house and pocket. You'll not drive to a store and take a chance that the movie is there. It will come to you. And you won't pay five dollars, you won't pay 50 cents. You'll pay 10 cents and it will return itself.” Flynn says European consumers are already wireless savvy, enjoying networks that are delivering content quickly and efficiently. He says the large global companies are at a competitive disadvantage when it comes to figuring out what the next step in the revolution will be. "It's the small and focused companies that are pulling ahead,” he says. "Entire industries will be toast but others will be created. A bigger revolution is about to hit the world, and those with the imagination to see it will make a fortune.” ottawabusinessjournal.com