After the Telecommunications Bubble:
An unprecedented "boom and bust" investment cycle occurred in the high-tech industries at the turn of the century, in particular in the telecommunications sector. Regulatory reforms and technological innovation fuelled expectations of robust growth in traffic, revenue and earnings. Eventua...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2003
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| Schriftenreihe: | OECD Economics Department Working Papers
no.361 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | An unprecedented "boom and bust" investment cycle occurred in the high-tech industries at the turn of the century, in particular in the telecommunications sector. Regulatory reforms and technological innovation fuelled expectations of robust growth in traffic, revenue and earnings. Eventually, however, the volume of traffic expanded less than anticipated. Faced with severe financial difficulties, telecommunication firms sharply curtailed their investment and embarked on restructuring. The impact of such restructuring on the overall economy has been relatively small, but it has had severe upstream effects on equipment suppliers and technology firms. Confidence is now slowly returning to the sector thanks to the efforts of companies to strengthen their balance sheets and to renegotiate their debts. Although the necessary restructuring now underway in the industry is painful, governments and regulators should resist the temptation to provide relief to companies by easing competition ... |
| Beschreibung: | 1 Online-Ressource (21 p.) 21 x 29.7cm. |
| DOI: | 10.1787/311813664474 |
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| spelling | Lenain, Patrick VerfasserIn aut After the Telecommunications Bubble Patrick, Lenain and Sam, Paltridge = Après la bulle des télécommunications / Patrick, Lenain et Sam, Paltridge Après la bulle des télécommunications Paris OECD Publishing 2003 1 Online-Ressource (21 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.361 An unprecedented "boom and bust" investment cycle occurred in the high-tech industries at the turn of the century, in particular in the telecommunications sector. Regulatory reforms and technological innovation fuelled expectations of robust growth in traffic, revenue and earnings. Eventually, however, the volume of traffic expanded less than anticipated. Faced with severe financial difficulties, telecommunication firms sharply curtailed their investment and embarked on restructuring. The impact of such restructuring on the overall economy has been relatively small, but it has had severe upstream effects on equipment suppliers and technology firms. Confidence is now slowly returning to the sector thanks to the efforts of companies to strengthen their balance sheets and to renegotiate their debts. Although the necessary restructuring now underway in the industry is painful, governments and regulators should resist the temptation to provide relief to companies by easing competition ... Economics Paltridge, Sam MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/311813664474 Volltext |
| spellingShingle | Lenain, Patrick After the Telecommunications Bubble Economics |
| title | After the Telecommunications Bubble |
| title_alt | Après la bulle des télécommunications |
| title_auth | After the Telecommunications Bubble |
| title_exact_search | After the Telecommunications Bubble |
| title_full | After the Telecommunications Bubble Patrick, Lenain and Sam, Paltridge = Après la bulle des télécommunications / Patrick, Lenain et Sam, Paltridge |
| title_fullStr | After the Telecommunications Bubble Patrick, Lenain and Sam, Paltridge = Après la bulle des télécommunications / Patrick, Lenain et Sam, Paltridge |
| title_full_unstemmed | After the Telecommunications Bubble Patrick, Lenain and Sam, Paltridge = Après la bulle des télécommunications / Patrick, Lenain et Sam, Paltridge |
| title_short | After the Telecommunications Bubble |
| title_sort | after the telecommunications bubble |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/311813664474 |
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