"If you just focus on risk, you can't do a thing," said Digicel's billionaire president Denis O'Brien in a 2008 Forbes profile. But O'Brien's small-market revolution should teach us another lesson, too: Traditional economic analysis doesn't work when it comes to communications. Telecommunications is a supply-driven economy. If you build it — no matter where you build it — they will come.
Now, if someone could just teach the North American telcos this...."