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Local and Long Distance Telephony
The free-fall in telecommunications continues to dampen expectations—and job prospects—for a sector whose valuation has fallen by two-thirds since the end of 1999. The U.S. Department of Commerce definition of telecommunications includes elements ranging from local exchange and long distance/international services to cellular telephony and paging (the latter elements are explored in other chapters of this book). Scholars suggest that the telephone medium—focused on the delivery of analog voice services over copper wire for its first century—is being transformed by digital transmission of voice, video, and data services via fiber optic and wireless networks (Bates, et ...
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