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Wisdom From The Top with Guy Raz
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How Much Long Distance Has Disappeared?
It's crazy to imagine now that AT&T's consumer long distance service was a multi-billion dollar business. Not that many people even have a landline in their home anymore. It's all about mobile. And this is why so many companies struggle to keep up with it. The average age of a Fortune 500 company today is like eight years. If you went back 75 years ago, it was something like 50 years.
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