This year, entertainment companies are converging on the Internet. They see the Web as another distribution channel for their entertainment programming. Just this summer, NBC and Disney both bought Internet portals. Demand for bandwidth doubles every month. It's like trying to fight fires with a garden hose instead of a fire hose.
Capacity improves performance.
In discussing these questions with many of you, I have been pleased to discover the extent to which we are all in sync as to the vision we have for the future. Congress has provided the blueprint. Our job is to make sure that competition in the broadband market is fair and open to all those who want to compete. Now let me set the record straight on what that means when it comes to the deployment of advanced telecommunications services, and what it doesn't mean. First and foremost, in my view, the 1996 Act requires the incumbent local exchange carrier to make all of its network elements available to its competitors.