A wire is disclosed including a component extending along a longitudinal axis and including at least one first channel extending generally along the longitudinal axis. The component is selected from a conductor, insulation, a jacket or combinations thereof to form a channeled component. Where the channeled component consists of insulation, an outer peripheral surface of the conductor forms one side of the at least one first channel. The at least one first channel is configured to provide at least improved electrical characteristics for communications along the wire.