figshare
Browse
monash_110781.pdf (222.03 kB)

Why vertical structural separation is in the interests of incumbent telcos, and why they don't see it

Download (222.03 kB)
Version 2 2017-06-13, 01:12
Version 1 2017-05-01, 05:14
journal contribution
posted on 2017-06-13, 01:12 authored by Havyatt, David
Vertical separation of incumbent telecommunications providers has been a popular topic in regulatory discussion. This paper addresses the question from the interests of the integrated firm itself, and though the case made is general, the case of Telstra is specifically considered. Opportunities for international growth, cheaper cost of capital, the opportunity to simplify systems costs and simpler regulatory arrangements are identified as benefits not sufficiently considered by firms. Bounded rationality, agency problems and misunderstanding strategic management are discussed as reasons for the benefits being insufficiently considered. Lawmakers interested in achieving separation could consider actively engaging the investment banks to study the benefits. Copyright 2008 David Havyatt. No part of this article may be reproduced by any means without the written consent of the publisher.

History

Date originally published

2008

Source

Telecommunications Journal of Australia, vol. 58, no. 1 (2008), p. 10.1-10.15. ISSN 1835-4270

Usage metrics

    Categories

    No categories selected

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC