Telecom structure - its all IP

Less than 1% of the telecommunications traffic by the year 2002 will be voice calls.

-- cited by Bernard J. Ebbers, WorldCom President and CEO

• WorldCom = UUNET Technologies + MFS merger + AOL +ANS + CompuServer + ...
• Bolt Beranek and Newman (BBN) [now runs BARRnet (Bay Area) and NEARnet (New England)]

==> Big players - new alliances forming

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from Manager's Corner: "The Fiber Baron" by George Gilder, Wall Street Journal, Monday 6 Oct., 1997.

Q factor (ratio of market value to replacement cost)
1	AT&T, Baby Bells, ...
6.5	WorldCom

It is now much easier for competitors defeat the former PTTs and other established operators.

Where does Telia, Telecom Finland, ... fit in? They have an advantage that providing additional voice service can be done quickly, cheaply, etc. via cellular.