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Technology Stocks : (LVLT) - Level 3 Communications -- Ignore unavailable to you. Want to Upgrade?

To: J Gunn who wrote (1686)	2/28/1999 10:57:00 AM
From: Patriarch	Respond to of 3873

As found on the internet as well. Mind you, I have found estimates on Internet access have been too conservative. --------------------------- Worldwide Internet Users to Double to 300 Million by 2005, New Study Says Worldwide Internet Users to Double to 300 Million by 2005 London, Feb. 28 (Bloomberg) -- The number of people using the Internet worldwide will double to 300 million by 2005, with the greatest growth in Asia and South America, according to U.K. market researcher Datamonitor Plc. The number of Online users will rise 61 percent to 95 million in the U.S., more than double to 88 million in Europe and quadruple to 118 million in the rest of the world. Internet use is expected to grow as the cost of access drops dramatically. Companies such as Gateway 2000 Inc., the No. 2 direct seller of personal computers and Dixons Group Plc, the U.K.'s largest electronics retailer, offer free Internet access. ''The trend is good news for Internet commerce,'' said Philip Codling, a technology analyst at Datamonitor. He said Internet traffic was increasing 1,000 percent each year. Datamonitor attributes the growth in traffic to increasing use of audio and video applications, such as telephone calls, playing of music and video-conferencing, which are expected to triple to 6 percent of overall traffic by 2003. Revenue worldwide for carrying data on the Internet is expected to more than double to $19 billion in 2002 as the cost of transferring data falls and demand rises. The London-based market research company said the cost of transferring one terabyte of data, the equivalent of 25,000 music CDs, will fall to less than $300 by 2003. That compares with $80,000 last year. Total revenue received by telecommunications companies and Internet service providers that make up the ''Internet backbone'' is expected to rise as traffic increases and the cost of transferring data decreases with new technologies such as dense wavelength division multiplexing (DWDM). The Internet backbone is provided by companies such as MCI WorldCom Inc., Sprint Corp. and Cable & Wireless Plc. For the purpose of the study, an online user is defined as a person who uses a Web-enabled computer for at least six hours a week. The DWDM technology allows multiple colors of light to travel down the same optic fiber. Each channel, or color, is independent, so a 32-channel DWDM line can support 32 times as much data down a single fiber line.