Internet Services Will be Worth Nearly $1 Trillion by 2012, Says Report (CircleID)

According to a report by the research firm Yankee Group, the global market for high-speed Internet services will be worth nearly $1 trillion by 2012. The broadband market, which includes revenue from services to consumers and businesses, as well as the amount spent on equipment for the underlying infrastructure, is currently worth $590 billion, according to the report. Robert Hernreich

Cablevision Systems Corp., one of the largest cable-TV providers in Monmouth and Ocean counties, finished the first phase of a $300 million wireless Internet network, a step that could give it an edge over telephone companies invading its territory. Robert Hernreich