Telecomms uptick?

Good news, it seems, as Electronic News reports that the telecomms recession that resulted in 500,000 layoffs is over. Good news for me and the other 499,999? Probably not, if the spend only increases to $53bn in 2004 - compared with $100bn in 2000. But if my experiences were anything to go by, a significant proportion of that $100bn was a complete waste of money - I look back now at the way we behaved in awe and wonder…

(Via Techdirt)

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