Word: buildout
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Dates: during 2001-2001
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...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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