The New Telecom Economy
January 2002

Part 2 - The times they are a-changing'
(Bob Dylan)
Part 1 analysed the stock evolution of some major market players, as an indicator of the ups and downs that were provoked by the technology hypes of the late 1990's, as a certain number of telecom mythologies, particularly concerning the Internet and data communications in general, previously taken for granted, were suddenly questioned. We showed that the "data wave", beyond its real magnitude, has the capacity to restructure the whole telecoms economy with the introduction of new technologies and new terrifying schemes. As a matter of fact, the topic was more about a cultural revolution that would favour new players from the new continent, although the economic weight of such an equipment category - which is predominant in enterprise networks - accounts for only 20% of world markets for CPE and 9% for all equipment. Today, the revolution has stalled as network over capacity is acknowledged, because traffic lures did not materialise.
Part 2 of this article addresses a number of key issues in market evolution, such as mobiles, competition and geographical market restructuring. More...

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