Word: broadband
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Online gaming is just catching on in India with about 2.8 million devotees. Developers expect the market to explode as broadband penetration grows. Analyst firm Pearl Research expects the country's online game market to reach $200 million by 2010, up from $4 million...
...Huffman, a retired great-grandpa who recently discovered e-mail, to decide that his new high-speed Internet service was fast, simple to set up and, best of all, cheap. At $26.95 a month, it beats the $42.95 a month he would have had to pay to get broadband from his cable company...
...ketchup company was top-shelf when he left in 1998 and headed home. Now, while the world invests in microchips, wireless and broadband, Anthony O'Reilly, 70, has created Ireland's biggest fortune from sand (Waterford Wedgwood), landline phones (Eircom) and print (Independent News & Media). He spoke with TIME's Bill Saporito about what drives his counterintuitive choices...
...location indifferent, we are language indifferent, and we are platform indifferent. It's markets that matter. We are going to be threatened by the advent of broadband. In South Africa, it will be five, 10 years before they have urban broadband, and so one of our really amazing growth products in South Africa is our Zulu paper, which had a 25,000 circulation last year, up to 105,000 this year...
...dead because you still need it for broadband, but it's dead so far as a growth vehicle for voice is concerned. And you know, it would be a 3% to 4% gradual decline, and you can do everything with your mobile, can't you? You're going to shave with your mobile next. Soros and I made quite a bit of money, so we can't complain. My job is to get them back into mobile...