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Qwest, for example, was among the most aggressive companies in accounting for questionable swaps of fiber optic capacity.
Still, SBC has greatly outperformed many telecommunications companies, particularly those that bet on building fiber optic capacity in expectation of a surge of Internet-related business.
But that asset has been somewhat undermined by a glut of fiber optic capacity on the market, which makes leasing space on fiber optic networks relatively inexpensive.
Qwest's move illustrates how the rapid expansion of communications networks in the late 90's has resulted in an excess of fiber optic capacity on these systems.
The lure of a wired nation, with unlimited potential, led numerous companies to invest hundreds of billions in fiber optic capacity.
By contrast, Global Crossing operations in North America and Europe compete with other networks at a time fiber optic capacity far exceeds users' demand.
Similar(46)
Third, the capacity of the universal distribution network (the Internet) has caught up with demand indeed, we already have considerably more fiber-optic capacity than we need.
Tech advances are expanding fiber-optic capacity beyond any foreseeable need.
Telecommunications is enjoying a renaissance thanks to the doubling of fiber-optic capacity every year.
Qwest has overstated revenues in other ways, for example, by swapping fiber-optic capacity with other telecom companies.
Mind-boggling advances in fiber-optic capacity have dropped the wholesale cost of carrying a call 40% a year.
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CEO of Professional Science Editing for Scientists @ prosciediting.com