This three month issue explains why the prospects are dim for a full fledged recovery for telecom as long as the best effort paradigm remains as the only way of doing business.

Some choice items include:

Why the Hierarchical Peering Model Is Broken

Telecom Bandwidth Provisioning Trapped in a Deflationary Spiral?

The Network Is Not the Issue

Korea and a Gigabit to the Doorstep

Why Adding Bandwidth at One Link Just Shoves Congestion Elsewhere

The COOK Report On Internet | June-August 2004