Industry Analysis - Greed (Archived in 2003)

Synopsis

Since the mid-1990s, I have vigorously challenged the constantly misused phrase ‘shareholders value’. Telco used it to end the long-standing telco tradition of long-term investments, the importance of national networks, the quality of service and other good old-fashioned solid business strategies. Instead, they created artificially high share prices by overplaying their large cash-generating businesses. This cash was then misused for ill-considered overseas expansions and a lemming-like grab for 3G spectrum. There was no vision as to where they were going, no strategies on what to do once these massive investments were made and no guidelines for the local operations.

Table of Contents

  • 1. Synopsis
  • 2. Greed disease spread from USA to Europe
  • 3. The curse of stock options
  • 4. Capacity swapping
  • 5. Real shareholders value comes from customer satisfaction
  • 6. Incumbents are the winners
  • 7. The American Greed heads
    • 7.1 Global Crossings
    • 7.2 Adelphia Communications
    • 7.3 Qwest
    • 7.4 WorldCom
    • 7.5 AOL reports over $49 million dodgy deals
  • 8. European greed
    • 8.1 MobilCom
    • 8.2 Vivendi
    • 8.3 Vodafone
    • 8.4 Deutsche Telekom
    • Exhibit 1 – Option schemes for CEOs and other high-flyers
    • Exhibit 2 – CEO pay vs. average workers wages
    • Exhibit 3 – Industry abbreviations

Related Reports

Purchase this Report

US$50.00

Licence Information

Focus Report Profile

Technologies

Strategies & Analyses (Industry & Markets)

Number of pages 6

Status Archived

Last updated 11 Sep 2004
Update History

Analyst: Kylie Wansink

Share this Report

Purchase with Confidence

This is all fascinating and your way of presenting the information is extraordinary.

Gary Sorkin, Pacific Communication Group

Special Offers

Caribbean - Telecoms, Mobile, and Broadband - Statistics and Analyses
US$795.00 until 30 Oct 2019
(normal price US$1,590.00)

Venezuela - Telecoms, Mobile and Broadband - Statistics and Analyses
US$575.00 until 30 Oct 2019
(normal price US$1,150.00)

Sample Reports

A selection of downloadable samples from our Annual Publications catalogue.


Download a Sample Report

More than 4,000 customers from 140 countries utilise BuddeComm Research

Are you interested in BuddeComm's Custom Research Service?

News & Views

Have the latest telecommunications industry news delivered to your inbox by subscribing to Paul's FREE weekly News & Views.