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English to Chinese translations [PRO] Tech/Engineering - Computers: Systems, Networks
English term or phrase:telecom groups
Even so, Bridget Cosgrave, president of Belgacom ICS, is confident that trading conditions will markedly improve (most likely after 2006) once the following takes place: telecom groups provide greater accounting transparency between their international wholesale and retail units, market consolidation occurs, and the ‘fresh money’ currently being used to ‘artificially prop up’ some of the alternate network operators runs out.
“The pricing pressure we are now seeing is largely due to a lack of full transparency in terms of the losses and costs that some players participating in this segment are incurring,” she says. “This is particularly true in telecom groups, where we have seen international wholesale pricing based on non-economic motives [top line growth prioritised over profit analysis] and which has been sustained by cross-subsidisation from retail units.”