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Skilling's latest gambit is to apply the same principles he learned in the power and energy sectors to making Enron a leader in the booming telecommunications business. The plan isn't to go head to head with established fiber-optic carriers such as AT&T, Qwest and Williams Communications. Instead, Enron wants to use new switching technology and its expertise in trading pipeline access to transform a modest telecom network into a powerful arbiter of bandwidth. Enron's bet is simple: supply and demand will increase exponentially, turning bandwidth into a tradable commodity, just like gas and electricity. Along...
...firm simply produced, transported and marketed natural gas. Then, as energy deregulation threatened profit margins in the gas business, Enron discovered it could make billions by trading and brokering packages of energy the way Midwesterners do pork bellies. Now Enron is moving into the telecommunications business, with a national fiber-optic cable network and a floor bulging with Sun supercomputers...
...21st century. If software center Seattle is the new economy's brain and chipmaking Silicon Valley is its heart, then Washington is its central nervous system. Spread along, around and mostly under Techtopia's main drag, the Dulles Toll Road, are the vital electronic pathways--wires, cables and fiber-optic lines--that carry more than half of all traffic on the Internet. The region is home to more telecom and satellite companies than any other place on earth. The Washington area boasts a higher concentration of people who use the Internet at home and at work than any other urban...
...York is supposed to be the center of the art universe," says DAVID LYNCH. "Ha!" Forgive Lynch his New York City animosity. In June the director was asked by the people behind the kid-friendly Cow Parade NYC 2000 to turn a fiber-glass heifer into art for the city's streets. Most of the 1,200 other art cows are as amiable as their living counterparts, but, as you can see below, Lynch did something a little different. The cow was displayed for a week in San Francisco without incident but never made it out of packaging...
Moreover, bandwidth demand may not rise fast enough to meet the rapidly growing supply. According to Corning's manager for optical switches, David Charlton, in a few years a single strand of fiber will be able to handle all the voice traffic in the U.S. Sure, all sorts of new services will be available over the Web, and wireless appliances will be coming online that have to funnel through a land-based optical-fiber network at some point. But what if all this happens in five to seven years instead of two to three? Can somebody say B2B shakeout...