The Tangled Web Of Fiber Optics Lines & Gates

Posted by ryuzaki0 on Thursday July 11, 2002 @07:24PM from the what-will-happen dept.

sdirector writes "Monday, super investor Warren Buffett jolted the nearly prostrate telecom industry by leading an investment of $500 million in Level 3 Communications ... Buffett's investment could set in motion a complex web of relationships and -- if you play it all out in just the right way -- put Bill Gates in charge of every fiber-optic line in the USA." The actual article itself is pretty interesting reading. Update: 07/12 08AM GMT by C :The link was broken, it has now been fixed. Sorry about that.

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Gates to buy internet by Hellkitten · 2002-07-11 20:10 · Score: 0, Redundant

Story: a few people own a lot of fiber. Gates could offer them money for this fiber and then he owns it.

Ok the article (thanks to earlier posters for the correct url, do they ever check their html?) is interesting enough. But to say that buffet investing in telecoms means he will sell it to gates at the first opportunity is a bit of a long shot

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