| Summary: | 碩士 === 國立中央大學 === 資訊管理學系碩士在職專班 === 92 === Since 1997, Internet traffic had roughly doubled every year. But much of the industry was betting on it doubling every 100 days. The mythical growth rate was then expected to apply to all forms of telecom traffic. The stock prices of telecom firms soared up in 2000, and M&A activities pervaded the whole industry worldwide. However, since the second half of 2000, the Internet bubble crashed and the global economy also came into slowdown, then the great telecom crash happened. The telecom bust is some ten times bigger than the better-known dotcom crash. The rise and fall of telecoms may indeed qualify as the largest bubble in history. Telecom firms have run up total debts of around $1 trillion.
In this thesis research, several telecom equipment suppliers and operators were picked up for analysis. From the views of technology innovation, market requirement, speculations, telecom firms’ business strategies and managerial measures, many of the related industry reports, market research reports, business news and company announcements were collected and analyzed to find out the root causes for this telecom bubble.
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