Rational Initiatives or New Bubble?

by: John Hibbard, Executive Vice Chair, PTC Board of Governors and CEO, Hibbard Consulting Pty. Ltd., Australia
The PTC Submarine Cable sessions should once again prove one of the high points of the annual conference. With the submarine cable industry still booming and more and more countries aspiring to benefit from cables, the interest in new developments is intense.
Rationality has returned since the hubris of 2000, but this has not stopped competitive builds and the suggestions of excesses akin to a few years ago along with the obvious prognostications that we are headed for another bust.