Despite the turmoil in global capital markets and systemic problems in multiple industries, the tele-coms sector has generally thrived over the last year:
- As mobile infrastructure improves and cheap handsets have stimulated growth in emerging markets, smart phones have kick-started previously stagnant markets in the developed world.
- Technological innovation in this sector has led to its sustained growth in business value and brand value
- The total brand value of the world‟s 500 most valuable telecoms brands this year was US$ 451 billion and the total Enterprise Value (EV) of the Top 500 is US$ 4.97 trillion.