TeraBeam Networks is a new capacity service provider that uses Fiber-less Optics to break the last mile bottleneck to the nation's wide area networks with gigabit IP connectivity and unmatched provisioning speed, scalability and value TeraBeam Networks was founded in December of 1997 with the objective of breaking the bandwidth bottleneck that exists between business users on Local Area Networks (LANs) and the nation's long-haul wide area networks (WANs). This local loop access bottleneck, commonly described as the 'last mile problem' or the 'first mile problem', has been a major roadblock on the way to a realizing the full potential of the Internet