We'll see how it plays out. Until then, try to restrain the purple prose. PTAT-1 connected New York City with London via spurs to Bermuda and Ireland. At 1.26 Gbps, tiny by today's standards, it was two-thirds of the total capacity across the Atlantic at the time. If you look at telecom rates across the Atlantic before 1989, you see an excellent example of the benefits of a managed monopoly.
Capacity is added as demand grows at a rate that keeps pricing stable.
After 1989, you see price declines as competition forces prices toward cost. The real impact of PTAT-1 was that it led to the breakup of the international telecom monopoly, paving the way for FLAG and Neil Tagare's Project Oxygen. Inc. All rights reserved.