AT&T Gives a Gloomy View of Future

Jim Cicconi, vice president of legislative affairs for AT&T, recently spoke at a conference in London in which he talked about the future of internet capacity. He points out that the internet is evolving in a direction which will demand more and more video's, rising from 30% of the content today to 80% of the content in 2010 according to his own estimates. He suggests that in order to fill this demand "at least $55 billion worth of investment was needed in new infrastructure in the next three years in the U.S. alone, with the figure rising to $130 billion to improve the network worldwide." How much of this cost will be put upon the consumer remains to be seen.