Arguably the stakes have rarely been higher. Data growth overall is stretching well beyond estimates made only a year or two ago. And packet-switched data technology is leading the charge. The growth portends significant changes in the way telecommunications companies conduct their businesses. According to Ovum (London), the worldwide Internet Protocol (IP) market will be worth $60 billion by 2005. This incredible growth and revenue stream will cause a fundamental shift in the telephone companies' main business toward the operation of packet-switched communications networks.
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