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Capital is a dominant factor in the telecommunications industry.
In each of these categories, tremendous changes are underway which are displacing the bulk of existing investment and making large amounts of new investment necessary. Changes are not only being driven by advances in telecommunications technology, but also by the need for new communications services and the emergence of competition in the local exchange. Gives a view of the industry trends for the next 10 years and longer. Documents the competition between the various technologies. Gives readers the knowledge they need to evaluate their particular circumstances and to develop a winning strategy for the markets of the future.