The degree of internationalization and the financial performance of European mobile network operators

Gerpott, Torsten J.; Jakopin, Nejc M.

doi:10.1016/j.telpol.2005.06.003

Cited by 44 publications

(36 citation statements)

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“…Reference [4] focuses on the measurement of internationalization within the mobile telecommunications industry and concludes that only a few MNOs can be considered international considering the measurement criteria suggested in the paper. References [5] to [7] are empirical studies on the behavior and performance of MNOs. Reference [5] conducts correlation and regression analyses of the relationship between the degree of internationalization and the financial performance of 14 European MNOs.…”

Section: Strategic Differentiation Of Internationalization In the Mobmentioning

confidence: 99%

“…References [5] to [7] are empirical studies on the behavior and performance of MNOs. Reference [5] conducts correlation and regression analyses of the relationship between the degree of internationalization and the financial performance of 14 European MNOs. In [6] and [7], empirical analyses of various hypotheses relating to international expansion moves of MNOs are presented.…”

Section: Strategic Differentiation Of Internationalization In the Mobmentioning

confidence: 99%

See 1 more Smart Citation

Strategic Differentiation of Internationalization in the Mobile Telecommunications Industry: Case Studies

Kim¹,

Lee²,

Kim³

2009

ETRI Journal

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We present a unified explanation of the internationalization strategies of major mobile network operators (MNOs). We have developed a framework that analyzes the strategies of major international MNOs in terms of the relationship between their degree of involvement in international business operations and the degree of equity participation. The results show a positive association between these two dimensions as expected, but they also reveal some exceptional cases in which certain MNOs are actively involved in the business operations of other foreign MNOs, even with minor (or zero) equity investments. In this paper, we argue that the strategic actions of the major MNOs which are the largest shareholders of foreign MNOs are in an equilibrium status because these major MNOs derive maximum benefit from full or considerable management control and active involvement. Finally, we predict that latecomers (MNOs who are just about to enter foreign telecommunications markets) may adopt an incremental investment approach because most developed markets and deregulated emerging markets with growth potential are already preempted by major MNOs. Therefore, the window of opportunity for internationalization in those markets is currently small.

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Section: Strategic Differentiation Of Internationalization In the Mobmentioning

confidence: 99%

Section: Strategic Differentiation Of Internationalization In the Mobmentioning

confidence: 99%

Strategic Differentiation of Internationalization in the Mobile Telecommunications Industry: Case Studies

Kim¹,

Lee²,

Kim³

2009

ETRI Journal

View full text Add to dashboard Cite

show abstract

“…The studies by Jakopin (2005, 2007) on mobile network operators are the exception, but they do not find any significant results regarding the relationship. Gerpott and Jakopin (2005) found no significant evidence of a positive impact of the degree of internationalization on the financial performance of mobile network operators, and Gerpott and Jakopin (2007) found that announcements of internationalization had insignificant effects on the value of expanding operator stock.…”

Section: Related Literature and Empirical Hypothesesmentioning

confidence: 95%

Regulatory Environment and Firm Performance in EU Telecommunications Services

Montolio

Trillas²,

Trujillo-Baute

2014

Review of Network Economics

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The IEB research program in Infrastructure and Transport promotes high quality research in those fields in order to assess the economic consequences of investment and policy decisions. The ultimate aim of the program is to generate socially useful knowledge in this important field that is useful to respond to major challenges. Research is methodologically based on the techniques of applied economic analysis, with topics chosen according to their relevance in guiding public policy. Infrastructures and transport policies are closely related with economic growth, public finance, environmental issues and distribution effects at a territorial level. Disseminating research outputs to a broadaudience is an important objective of the program, whose results must be relevant both at national and international level.The Barcelona Institute of Economics (IEB) is a research centre at the University of Barcelona (UB) which specializes in the field of applied economics. The IEB is a foundation funded by the following institutions: Applus, Abertis, Ajuntament de Barcelona, Diputació de Barcelona, Gas Natural and La Caixa. The IEB working papers represent ongoing research that is circulated to encourage discussion and has not undergone a peer review process. Any opinions expressed here are those of the author(s) and not those of IEB. Documents de Treball de l'IEB 2014/15 REGULATORY ENVIRONMENT AND FIRM PERFORMANCE IN EU TELECOMMUNICATIONS SERVICESDaniel Montolio, Francesc Trillas, Elisa Trujillo-Baute ABSTRACT: We empirically estimate the effects of regulated access prices and firms' multinational status on firm performance by using firm, corporate group, and country level information for the European broadband market between 2002 and 2010. Three measures of firm performance are used, namely: market share, turnover and productivity. Special attention is paid to differences in the impact on the performance measures depending on a firm's position as either a market incumbent or entrant. We find that while access prices have a negative effect on entrants' market share and turnover, the effect on incumbents' market share, turnover and productivity is positive. Further, we find that multinational entrants perform better than national entrants in terms of their market share but worse in terms of their turnover and productivity. The opposite is true of incumbent multinationals which perform better than nationals in terms of their turnover and productivity but worse in terms of their market share. This confirms that a firm's multinational status has a significant impact on its performance, and that this impact differs for incumbents and entrants. Finally, when evaluating the impact of access prices on firm performance at the mean performance of national and multinational firms, we find that the impact of access prices is lower for multinational than for national firms.JEL Codes: L51, L25, L96, F23

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“…Dörrenbächer (2000: 120) identifies two such indicators as turnover and operating income, whereas Sullivan (1994: 331) prefers R&D intensity, advertising intensity and export sales as a percentage of total sales. Although Gerpott and Jakopin (2005) prefer to use different terminology, they draw attention to foreign income as a percentage of total income.…”

Section: Measuring Internationalisationmentioning

confidence: 99%

“…Financial data are frequently aggregated and consolidated, with the result that there is insufficient detail to determine the revenues and profits of specific investments. Dassler et al (2002) and Gerpott and Jakopin (2005) are able to conduct their financial analyses of operators only by limiting their samples to American, European and Japanese companies whose financial reporting requirements are comparatively onerous and hence provide relatively detailed data.…”

Section: Measuring Internationalisationmentioning

confidence: 99%