It's not exactly 1999 all over again, but venture capitalists are starting to show renewed interest in certain network and telecom niches, and investment revival that could spawn more innovative products and services. According to the latest Quarterly Venture Capital Report released by VentureOne and Ernst & Young, there were 68 investments in communications companies during the first quar-ter. That level hasn't been reached in more than two years, although it is still far from the 226 investments made during the third quarter of 2000. The report defines these companies as communications device makers and service providers.
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