Word: buildout
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...Harvard in the foreseeable future. When President Faust speaks of Harvard’s “new normal,” she makes clear that it could be years or decades before Harvard regains the financial comfort needed for it to independently fund the multi-billion-dollar buildout of its Allston and Brighton empire...
...year, but its cash hoard gives it plenty of room to maneuver. According to Nomura's estimates, Hutchison Whampoa has $14.5 billion in cash and liquid assets on hand, more than enough to cover the additional $10.2 billion the company will need to complete its multicountry 3G buildout. "Funny how people have been slagging off conglomerates for some time," says Nick Ingelbrecht, a technology analyst at Gartner, "but now the idea looks rather good, doesn...
...logging on. Not at all. Internet traffic continues to grow at the astonishing rate of 200% annually. Every 45 minutes, AT&T transmits a quantity of data--meaning everything from e-mail to streaming video--equal to 34 times the contents of the Library of Congress. But the broadband buildout has been so furious that it could take three years for the traffic to catch...
...buildout accelerated, phone companies were creating a painful paradox in which their new technology generated a lower return on investment. The payoff for Internet traffic was particularly dismal, since data can travel across the street or around the world for the same basic charge. And this forced equipment suppliers to slash their prices, putting a further squeeze on their profits. "For the first time in history," says Tracey Vanik, a technical director of the RHK consulting firm, "there's no penalty for distance"--compliments of the Internet...
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