Web 1.0: Lots of websites which offer personalised portals with domain names like "my.foo-inc.com".

Web 2.0: Shouldn't we see lots more sites with domains like "our.corporate-inc.com"? Their absence speaks volumes.

Exercise for the reader: is it possible to transition an institution from control to co-creation of value, or can you only build such edifices on greenfield sites? Or to be more blunt and specific, does the journey from Telco 1.0 to Telco 2.0 on average require the capital and goodwill to be split apart and re-cycled via the bankruptcy courts or distressed asset sales?

Martin thinks aloud at Telepocalypse.