1 Jul
2002
1 Jul
'02
1:05 p.m.
i completely understand that acquisition is a common and valid means to grow a business. however, with closed peering as a way of life for our industry, a lot of deals are done which only make money for the investment bankers and don't actually "grow business". closed peering is all about greed and not about service levels, competitive pricing, or overall sector health.
The reason we have this industry alive is investment bankers. Had we not had it, there would not have been abundance of fiber, abundance of competition and easy accessibility of IP. Like it or not, without these games we would have still though of a T1 as of a huge pipe. Alex