Global - Industry - Telecommunications Investments (Archived)

Synopsis

Until the dot.com crash in 2000, Telecommunications funds were readily available from eager investors via the stock exchange, independent of business fundamentals. Since then, investors have been more cautious, and have been looking for sound policies and profitability. The accent has moved from start-up companies to established companies with forward looking business models. This report discusses this trend, together with criteria for investing in telecommunications companies and for establishing them.

Table of Contents

• 1. Synopsis
• 2. Introduction
  • 2.1 Boom bust cycle
  • 2.2 Telecoms largest investment market
  • 2.3 Funding options
• 3. Life after the telco crash
• 4. Funding and Investment Policies
  • 4.1 Partnerships
  • 4.2 Non Recourse/Limited Recourse Funding
  • 4.3 Vendor and Supplier Funding
  • 4.4 High Yield Debt
  • 4.5 Funding Agencies
  • 4.6 BOT (Build-Operate-Transfer)
  • 4.7 BTO (Build-Transfer-Operate)
  • 4.8 BOO (Build-Operate-Own)
  • 4.9 BCC (Business Cooperation Contract)
  • 4.10 Revenue Sharing
  • 4.11 Service Agreement
  • 4.12 Global Telecoms Tax Profiles
    • 4.12.1 Wireless
    • 4.12.2 Internet and e-commerce
• 5. Trade in Telecommunications
  • 5.1 Export markets
  • 5.2 Products and services
  • 5.3 Trading places
  • 5.4 Trading methods
  • 5.5 Rapidly changing market place
  • 5.6 From bilateral to multilateral trade
• 6. Related reports

• Table 1 – Breakdown of telecommunications investment by region – 1996 - 2000
• Table 2 – Global trade in telecommunications

• Exhibit 1 – Investment advice