Telecom and finance leaders meet in Dubai to debate new investment perspective for global telecoms
Date: Tue, 03/27/2012 - 18:32
Regional leadership from telecom operators and financial institutions are meeting in Dubai to debate the shift in investment perspective for telecoms globally at the 6thannualTMT Finance& Investment Middle East 2012conference on May 2-3
Telecoms is entering a transitional period and restructuring of global portfolios, investing in new technologies and the realignment of business modelsare central to the debate atthis year’s conference, which is sponsored by Saudi Telecom (STC). Michael Dunning, Head of TMT and Corporates, Fitch Ratings, will make a keynote speech titled: Entering a new dynamic - How the risk perspective for telecoms will shift over the next five year cycle across global markets.
Dunning said: “As if strong macro headwinds, intense competition, regulatory scrutiny and maturing markets were not enough, the telecoms sector faces the seemingly unstoppable separation of service applications from traditional linear connectivity. This threatens to re-write business models the world over.Without further consolidation it would seem to us at Fitch that business risk increases for market participants, particularly as the sector enters a new investment phase."
Telecom operators with assets across the Middle East, Africa, Asia will also speak at the conference, including chief executives from Saudi Telecom (STC), Etisalat,MTN,Qatar Telecom (Qtel) andBatelco.Financial institutions speaking include Goldman Sachs, Emirates Investments Authority (EIA), Morgan Stanley, Standard Bank, Citi, Macquarieand Altimo, which owns telecoms assets in 20 countries through Vimpelcom, MegaFon and Turkcell.
Key discussion sessions include: Global Telecom Leadership Round Table- Strategies for the leading the next wave; The M&A Panel - What’s next for mergers and acquisitions globally?; Telecom CFO Round Table - Creating new paths to operational efficiency; TheFinancing and Investment Panel; Delivering Content; Regulating Telecoms forGrowth; Meeting Broadband Demand andConsolidating Networks.
Now in its sixth year, the TMT Finance & Investment Middle East Conference and Awards Dinner takes place at the Mina A’Salam, MadinatJumeirah Hotel and Resort in Dubaifrom May 2-3, 2012. The conference is designed to facilitate debate and new partnership opportunities through a series of keynote speeches, leadership panels and co-ordinated networking time for attending delegates.
The event is supported by Saudi Telecom (STC) as Main Event Sponsor withIHS, Clifford Chance, Booz & Company, Fitch Ratings, AT Kearney, Tasc Towers, Capital MSL, TMTFinance.com and Thomson Reuters.