$500M for building a 20G system trans-Atlantic ready foir service Dec 97 with the next system scheduled for commissioning 12 months down the track risky? I think not - its about the best way I know to turn $500M to $1.2B in about 18 months. At 06:14 PM 31/5/97 -0700, Sean M. Doran wrote:
On the other hand, that CWI is willing to continue taking large risks in developing private submarine cable systems and is able to find investment and risk partners bodes well for being able to continue terrestrial growth, and maybe alot less well for LEOs and similar technologies. This is good news for people building parts of the global Internet. Of course, a cream-skimming path that's being built, so perhaps I overestimate the degree of risk perceived by the two Gemini partners...
Sean.