According to The New York Times, the exchange would let telephone networks, mobile operators, satellite providers and other telecommunications companies trade capacity on their systems. That is my dream," said Hamadoun Touré, secretary general of the International Telecommunication Union, a United Nations agency based in Geneva that sets international communications standards. Network operators predicting bottlenecks could buy extra capacity, ensuring the smooth functioning of phone services, cellphone networks, the internet and other communication links. Those with excess capacity could sell bandwidth, helping to limit that unprofitable downtime...

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