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The Demise of the Dinosaur PTTs

Telecommunications is the most important physical infrastructure in the modern world. It is more important than roads because it can replace them. It is more important than office buildings because it allows for the formation of virtual offices. It is more crucial than legal and institutional systems because it surpasses national borders and undermines and subverts fossilized political structures.Telecommunications eliminates distance and allows for the transfer of voice and other forms of infor.