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Will telecommunications remain a golden sector?

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  • Golob, James

Abstract

This article describes the principal measures used for equity valuation. During the 1980s most telecommunication shares performed very well, but recently they have suffered a de-rating worldwide relative to their sector and local markets. This does not necessarily signify a loss of confidence in them, but conditions are becoming more difficult and investors will be more selective in future. Monopolies in high-growth economies will remain attractive, as will markets where the regulatory system is in its infancy.

Suggested Citation

  • Golob, James, 1992. "Will telecommunications remain a golden sector?," Telecommunications Policy, Elsevier, vol. 16(9), pages 738-743, December.
    • Handle: RePEc:eee:telpol:v:16:y:1992:i:9:p:738-743
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