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Investment, Competition and Regulation in the Recession
- 1. International Institute of Communications Telecoms and Media Forum Brussels, March 25 2009 ‘ Investment, Competition and Regulation in the Recession ’ Martin Cave Warwick Business School, UK [email_address] mec1730 mec1730
- 2. IMF Output Growth Forecasts (%) 2009 2010 World US Euro Zone Japan UK -1.0 to -0.5 -2.6 -3.2 -5.8 -3.8 1.5to 2.5 +0.2 +0.1 -0.2 -0.2
- 3. Long-term Effects for UK GNP 2000 2008 2016 Long term loss of productive potential accompanied by a permanent increase in the cost of capital
- 5. Who wants NGAs? Past trends show demand for speed increasing 10-fold every 5 years- ie to 50 Mbps in 2013 Applications include: Web 2.0 in-home wireless distribution systems streaming applications with low error rate and symmetry HD content, including internet TV How urgent are these needs?
- 10. Why pricing flexibility may be needed Price discrimination increases revenue