The Virtual Marketspace Concept

Traditional transportation infrastructure will continue to support trade and commerce, and maintain its essential role in the physical movement of people and merchandise. In comparison, the most plausible proliferation of Electronic Commerce over networks will be evolutionary, not revolutionary or supplanting traditional commercial methodologies.

Therefore, since deployment of telecom infrastructure fundamentally complements traditional infrastructure, simplistic coexistence strategies seem to be more relevant and practical than grand plans that are focused on preeminent ubiquity.

Moreover, because some service-related trade transactions don’t involve tangible products, they inherently fit the underlying model of Electronic Commerce. As an example, buyers and sellers of knowledge-based services do not necessarily need physical trucks, wholesale warehouses, retail stores or trading areas to complete their commercial transactions.

Nevertheless, buyers and sellers of physical products can also transact business electronically in a way that reduces their need for material movement. The application of telecom technologies and networks can bring buyers and sellers together in a virtual marketplace that is independent of place. These emerging pioneer TeleTraders are establishing working relationships and conducting their Electronic Commerce transactions via a virtual marketspace that could aptly be called the TeleAgora of the global networked economy.

In summary, I trust that you will find the other information contained on this web site as valuable tools to assist you in ensuring your community's place (space) and prosperity within the rapidly evolving global networked economy. And, may the free spirit within your own human voice find a receptive audience, as you contribute your sensible socioeconomic perspective to an enlightened and nonpartisan local telecom public policy debate.