Deregulation
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One Wilshire was ideal for this task. Seeing a friendly environment close to the central switching station, competing long-distance carriers, ISPs, and other networking companies began to lay fiber optic cable to One Wilshire. As fiber technology has improved, the microwave towers on top have dwindled in importance – they are now used by Verizon for connection to its cell phone network. At the same time, the vast amount of fiber running in and out of One Wilshire allows telecoms the possibility of creating direct peer-to-peer connections in the structure, thereby avoiding charges imposed by linking through a hub.
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