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Short Take: ISPs to spend $6 billion on networking by 2002

Internet service providers, including some of the major long distance companies, Baby Bells, and next generation telcos such as Qwest and Level 3, will spend more than $6 billion on network hardware expansion and upgrades by 2002, according to market research firm Infonetics Research. The expenditures, driven by the demand for digital subscriber line (DSL) technology and virtual private networks (VPNs), will grow to $6.2 billion from $3.8 billion in 1998.

Internet service providers, including some of the major long distance companies, Baby Bells, and next generation telcos such as Qwest and Level 3, will spend more than $6 billion on network hardware expansion and upgrades by 2002, according to market research firm Infonetics Research. The expenditures, driven by the demand for digital subscriber line (DSL) technology and virtual private networks (VPNs), will grow to $6.2 billion from $3.8 billion in 1998.