Through Eagle River Inc., an investment firm based in this Seattle suburb, he has controlling interests in both Nextel and Nextlink, which provides businesses with high-capacity telecommunications and Internet services in the United States and Europe.
First, it stated that widespread, affordable access to the infrastructure, products and services needed for electronic commerce must be provided through secure and easy-to-use technologies and services and reliable, high-capacity telecommunications networks.
QWEST COMMUNICATIONS, a supplier of high-capacity telecommunications services, recently agreed to lease a vacant 500,000-square-foot distribution center here and plans to cram it with more than $100 million of computers and other equipment to play host to World Wide Web sites.
In addition, he said, the presence of the high-tech companies meant that there was a high-capacity telecommunications infrastructure already installed in the area, which is important to printers who now receive much of their source material as electronic files over the Internet.
The world is thoroughly wired with a vast, high-capacity telecommunications network, and just about every home in America has a digital "telecosm" device.
And excess capacity among telecommunications concerns means more of the brutal shakeout investors have experienced.
But you can say no to the speculative stuff, or areas where there is massive excess capacity, like telecommunications.
But after the gold rush gave way to a glut of network capacity, many telecommunications upstarts filed for bankruptcy protection.
For decades, efforts to create large-scale computer utilities were frustrated by constraints on the capacity of telecommunications networks such as the telephone system.
He expects the company's earnings to grow 25 to 30percentt in the next 12 to 18 months, based on increasing demand for capacity in telecommunications systems.
