Telecommunication markets are characterized by a dynamic development of technology and market str... more Telecommunication markets are characterized by a dynamic development of technology and market structures. The specific features of network-based markets, convergence of previously separate spheres and the complex task of market regulation put traditional theoretical approaches as well as current regulatory policies to the test. This book sheds light on some of the challenges ahead. It covers a vast range of subjects from the intricacies of market regulation to new markets for mobile and internet-related services. The diffusion of broadband technology and the emergence of new business strategies that respond to the technological and regulatory challenges are treated in the book’s 24 chapters.
In the past ten years, waves of Mergers and Acquisitions (M&As) dramatically reshaped the market ... more In the past ten years, waves of Mergers and Acquisitions (M&As) dramatically reshaped the market structure of global telecommunications. The telecoms industry in Europe and the United States steadily consolidated and firms oligopolized the regional industry.
Telecoms operators frequently engaged in M&As with the objectives to grow bigger and achieve higher earnings. However, the question arises whether and under what conditions they have really been able to achieve these objectives. Thus, the aim of this paper is to investigate M&As in the telecoms industry and analyze the conditions under which such M&As can be considered successful.
In doing so, we employ the event study method, which traces immediate market reactions to M&A announcements and the corresponding shareholder value effects.
Telecommunication markets are characterized by a dynamic development of technology and market str... more Telecommunication markets are characterized by a dynamic development of technology and market structures. The specific features of network-based markets, convergence of previously separate spheres and the complex task of market regulation put traditional theoretical approaches as well as current regulatory policies to the test. This book sheds light on some of the challenges ahead. It covers a vast range of subjects from the intricacies of market regulation to new markets for mobile and internet-related services. The diffusion of broadband technology and the emergence of new business strategies that respond to the technological and regulatory challenges are treated in the book’s 24 chapters.
In the past ten years, waves of Mergers and Acquisitions (M&As) dramatically reshaped the market ... more In the past ten years, waves of Mergers and Acquisitions (M&As) dramatically reshaped the market structure of global telecommunications. The telecoms industry in Europe and the United States steadily consolidated and firms oligopolized the regional industry.
Telecoms operators frequently engaged in M&As with the objectives to grow bigger and achieve higher earnings. However, the question arises whether and under what conditions they have really been able to achieve these objectives. Thus, the aim of this paper is to investigate M&As in the telecoms industry and analyze the conditions under which such M&As can be considered successful.
In doing so, we employ the event study method, which traces immediate market reactions to M&A announcements and the corresponding shareholder value effects.
Uploads
Books by Thang Doan
Papers by Thang Doan
Telecoms operators frequently engaged in M&As with the objectives to grow bigger and achieve higher earnings. However, the question arises whether and under what conditions they have really been able to achieve these objectives. Thus, the aim of this paper is to investigate M&As in the telecoms industry and analyze the conditions under which such M&As can be considered successful.
In doing so, we employ the event study method, which traces immediate market reactions to M&A announcements and the corresponding shareholder value effects.
Telecoms operators frequently engaged in M&As with the objectives to grow bigger and achieve higher earnings. However, the question arises whether and under what conditions they have really been able to achieve these objectives. Thus, the aim of this paper is to investigate M&As in the telecoms industry and analyze the conditions under which such M&As can be considered successful.
In doing so, we employ the event study method, which traces immediate market reactions to M&A announcements and the corresponding shareholder value effects.