Title: | Flexible Investment Decisions in the Telecommunications Industry: Case Applications using Real Options |
Authors: | Harmantzis, Fotios C. - Stevens Institute of Technology Trigeorgis, Lenos - University of Cyprus and MIT Tanguturi, Venkata Praveen - Stevens Institute of Technology |
Issue Date: | 2006 |
Series/Report no.: | NET Institute Working Paper;06-06 |
Abstract: | The telecommunications sector is one of the most innovative, high-growth, capitalintensive yet volatile sector of the economy. This research addresses critical concerns of how, when, and why an enterprise or a service provider should undertake new investments. The study investigates the power of flexibility in investment decision making process, by applying the real options methodology. Five case applications are studied: a) investment decisions in next generation wireless networks; b) investing in integrated wireless networks; c) migration to wireless broadband internet services; d) valuing deployment of Wi-Fi networks in enterprise markets; and e) valuing Hosted VOIP services for enterprise markets. The case studies are analyzed both qualitatively and quantitatively. |
URI: | http://hdl.handle.net/2451/28449 |
Appears in Collections: | NET Institute Working Papers Series |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
Harmantzis-Trigeorgis_06-06.pdf | 482.07 kB | Adobe PDF | View/Open |
Items in FDA are protected by copyright, with all rights reserved, unless otherwise indicated.