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Edward Dowd says telecom vendor financing surged in 1999 and peaked in fall 2000 as Lucent, Nortel and Cisco extended credit to prop up demand. He argues the bu

BWB News TV • 2026-07-27 18:31 UTC • By Billy Odell Tucker-Robinson
Edward Dowd says telecom vendor financing surged in 1999 and peaked in fall 2000 as Lucent, Nortel and Cisco extended credit to prop up demand. He argues the bu
Edward Dowd says telecom vendor financing surged in 1999 and peaked in fall 2000 as Lucent, Nortel and Cisco extended credit to prop up demand. He argues the bust came when financing tightened for cash burning telecom startups.
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