The WorldCom swindle was , in fact , little more than the icing on a much bigger
and more complex cake . In the greater scheme of the telecoms market crash (
which had , of course , brought down WorldCom alongside many other market ...
With the demise of WorldCom amidst a flurry of accounting scandals dominating the front pages, and following hotly in the footsteps of the equally spectacular downfall of other telecoms giants including Global Crossing and Lucent Technologies in recent months, The Great Telecoms Swindle investigates the reasons behind a roller coaster ride that is set to continue for some time yet. Vivendi, France Telecom, Vodaphone and numerous other corporate behemoths all face testing and possibly life-threatening times that will demand radical solutions in the coming months. The telecoms story is set to run and run and investors are set to continue to feel the heat. For a market that, as little as eighteen months ago amounted to a license to print money, the question 'what went wrong?' must urgently be asked. How could companies like Cisco Systems go from being paragons of virtue in the new corporate age to near pariahs embroiled in a welter of financial difficulties in such a short space of time? Is 'next generation telecoms' nothing more than a myth, a triumph of hype over reality? Tracking the rise and fall of the telecoms market from deregulation in the eighties through the advent of the mobile world, and on to broadband, 3G, and the mobile Internet the authors uncover what fuelled the boom, where the mistakes were made (by industry players and investors alike), and what if anything the future holds. Taking the lid off the headlines, The Great Telecoms Swindle reveals and examines the real problems in the telecoms market today, and exposes an industry that is entirely unsure of its own future value proposition.
Type: BOOK - Published: 2003-05-16 - Publisher: Capstone
With the demise of WorldCom amidst a flurry of accounting scandals dominating the front pages, and following hotly in the footsteps of the equally spectacular downfall of other telecoms giants including Global Crossing and Lucent Technologies in recent months, The Great Telecoms Swindle investigates the reasons behind a roller coaster
Type: BOOK - Published: 2012-11-16 - Publisher: iUniverse
Thomas Anderson has just graduated from CSU Stentoria, with his degree in Political Science. Its an election year, and as a young progressive in California who has been raised by equally progressive parents, he is very much concerned with the political issues currently being discussed in the mass media. A
Type: BOOK - Published: 2016-11-21 - Publisher: CLAIRVIEW BOOKS
‘If you voted to Leave the European Union, the chances are you’ve been swindled...’ In his urgent new book, T. J. Coles uncovers the forces seeking to uncouple Britain from the European Union. Allied to an expanding core of free market fanatics in the Conservative party is a powerful group
Type: BOOK - Published: 2004 - Publisher: Capstone
Looking across all sectors of business, including retail banking, financial services, telecommunications, IT and consultancy, Camrass and Farncombe discover such things as how more efficient these industries become by a change in corporate structure.