Nortel and Huawei's Broadband Bet

The telecom-equipment makers join forces to conquer the rapidly expanding market for speedy access to online video

As of 2005, about 5 million people around the world were using superfast Internet connections to watch TV, movies, and other video content. That tally is expected to surge to 70 million by 2010, according to researcher Parks Associates. In an effort to fuel -- and meet -- that demand, services providers the world over are spending billions of dollars to upgrade networks and cable systems.

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