15 October 2006

Your television is ringing

(Economist)
The past couple of years have seen a series of huge takeovers and mergers among network operators and makers of telecoms equipment around the world. All of these transactions were prompted by a single underlying trend that has become the industry's new mantra: convergence. What this means, roughly, is the coming together of previously separate communications and entertainment services: fixed and mobile telephony, broadband internet access and television. But more often the word is used in a quasi-mystical way to evoke information heaven.