+Economy & Policy | 1545 days ago

Google gets into the cable-laying business (which I don’t think is quite as lucrative as the search-advertising business)

By wpcomimportuser1

One of the most fascinating economic stories of the past decade has been how the hapless investors who poured billions of dollars into Global Crossing, Worldcom and the like paved the way for the success of Indian outsourcers, Web 2.0 bandwidth hogs and all manner of other innovative enterprises. These telcos (over)built a global network [...]