Emerging Markets
In the last decade, many higher education institutions have bought up large quantities of existing fiber optics sitting dormant. Starting in 1999, Larry Starr, a technology director from the University of Illinois, connected the Urbana-Champaign campus to major academic, research, and telecommunications facilities in the Chicago area. At the same time, other schools began creating large urban networks to directly connect their school campuses with hospitals and large telecommunications companies in metropolitan areas. Since then, the U.S. research and education (R&E) community have been aggressively pursuing a revolutionary new means for delivering advanced networking capabilities. With the plummeting prices of fiber due to the over abundance, the option to own fiber networks has stomped out the competition leasing of commercial circuits elsewhere. Experts say that a mile of dark fiber that in the past would sell for $1,200 has sold, for as low $200 or less. The downturn in telecommunications has offered significant savings to schools, since intercity networks may include several hundred to several thousand miles of fiber optic cable.
Read more about this topic: Dark Fibre
Famous quotes containing the words emerging and/or markets:
“Your children are not here to fill the void left by marital dissatisfaction and disengagement. They are not to be utilized as a substitute for adult-adult intimacy. They are not in this world in order to satisfy a wifes or a husbands need for love, closeness or a sense of worth. A childs task is to fully develop his/her emerging self. When we place our children in the position of satisfying our needs, we rob them of their childhood.”
—Aaron Hess (20th century)
“A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street. When the Boys are in a good mood, the market thrives; when they get scared or sullen, it is time for each one of us to look into the retail apple business.”
—Barbara Ehrenreich (b. 1941)