Discussion of the telecommunications industry focuses on WDM (wavelength division multiplexing) as a solution for dealing with capacity constraints. Highlights include fiber optic technology; cross-connecting and switching wavelengths; SONET (Synchronous Optical Network) and wavelength networking; and optical TDM (Time Division Multiplexing). (LRW)

Surveys the differing opinions on the value of universal telephone service and examines to what extent society should continue the policy of universal service in the information age. Identifies the different approaches that have been put forth to achieve, maintain, and fund universal service in a telecom industry increasingly driven by competition…