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Posted by: Michael Mandel on February 15
This is really a sidebar to the knowledge economy story. Level 3 Communications just reported that “IP traffic carried across Level 3’s transatlantic network has doubled in the last twelve months.” Level 3 operates one of the biggest Internet backbones in the world, so this is major stuff.
Another data point: Telegeography, a research company, estimates that “average trans-Atlantic internet traffic grew 42% between 2004 and 2005.”
It’s all about the information flows.
Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.