A Call for Help

“‘The U.S. [cell phone] industry is a freak of nature, an artificial creation with more competitors than the economic reality justifies,’ argues Scott Ford, president of Arkansas-based Alltel, the largest regional cell phone company. ‘It’s the biggest issue facing the industry. We are rapidly moving from wealth creation to wealth destruction.’ What’s needed is a wrenching, top-to-bottom consolidation – and it is coming soon, thanks … [ Read more ]

Alcatel Access Systems (A-B-C)

During the 1990s, the telecommunications environment was undergoing a series of complex changes that would dramatically alter the competitive landscape: deregulation, globalisation and new technological developments. Professors Paul Verdin, Rudi Bogaert and Arnoud De Meyer present issues and challenges (mainly for product development and innovation) within a multinational telecom equipment manufacturer organised on a country-based unit structure and facing these environmental changes.

From the Trenches: Equities Iniquity

Article takes a look at the underlying problems with today’s investment banks’ research analysts.

Financial Services Industry Sectors: Implications of the Split

20 years pass and one becomes two: that is, over time, the once-unified financial services industry split into two broad sectors. One is wholesale finance, where clients who have direct access to capital markets may receive financial services. The second is retail and regional finance, where clients do not have direct access but still receive services. Professors Ingo Walter and Roy Smith compare and contrast … [ Read more ]