Valuation of telecom investments in sub-Saharan Africa

被引：8

作者：

Schoentgen, Aude ^{[1
,2
]}

Gille, Laurent ^{[2
]}

机构：

[1] Econ Res & Consulting, Paris, France

[2] Univ Paris Saciay, Telecom ParisTech, i3 CNRS, Paris, France

来源：

TELECOMMUNICATIONS POLICY | 2017年 / 41卷 / 7-8期

关键词：

Telecommunication assets; Mobile licenses; M&A; Valuation; Price; Africa; FOREIGN DIRECT-INVESTMENT; EMERGING ECONOMIES; DEVELOPING-COUNTRIES; TELECOMMUNICATIONS INFRASTRUCTURE; STRATEGY; INSTITUTIONS;

D O I：

10.1016/j.telpol.2017.05.011

中图分类号：

G2 [信息与知识传播];

学科分类号：

05 ; 0503 ;

摘要：

Telecom Multinational Enterprises have largely invested in Africa over 2000-2015, either by bidding for new licences or by acquiring local operators. Deal prices do not appear as always coherent with the local country and market contexts and they show some large disparities among them. Moreover, there is still scant knowledge in the economic and international business literature regarding the case of Africa as a host continent for international telecom investments. The main issue of this paper is to investigate what have been the determinants of these deal amounts and to what extent these determinants explain dispersion of these amounts.

引用

页码：537 / 554

页数：18

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