Lean = Competitive Advantage

• Network development cost

  • Construction strength
  • Co-development
  • Swaps

• Right-of-way (ROW)

  • Railroad
  • Primarily equity funded
  • Railplow

• Optical mesh

  • Moore’s Law meets glass

• Low overhead

  • Lowest SG&A expense

• Fastest time-to-market

  • Speed = lower financing cost

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