LONDON, November 9, 2013 /PRNewswire/ --
Telecoms has seen something of a revival of late. Data has come to play an increasingly important role, mobile technology has driven rapid technological change, and stricter capital requirements have spurred a new age of consolidation.
However, rather than see these circumstances as impediments to progress, many have embraced them as opportunities; forging new and exciting partnerships and improving upon their existing products and services in an effort to cement their standing atop an ever-challenging sector.
Those who have really changed the industry for the better are listed in the November - December issue of World Finance, in the Telecoms Awards, 2013. To read more of the award winners, go to http://www.worldfinance.com/awards/telecoms-awards-2013
In keeping with the sector's new mobile revolution, Twitter's IPO looks to fetch a considerable sum of cash as many anticipate that mobile advertising will constitute a sizeable share of the social media platform's business.
A new World Finance report takes a look at the reasons underpinning the investor-wide delirium surrounding the IPO and how it is that Twitter has come to be so highly valued, despite not having turned a profit to date.
World Finance journalist Rita Lobo casts an eye back to the results of Twitter's $12.8bn valuation this summer, which equated to around $2bn lower than the common consensus, and far short of the $20bn predicted by some.
It would appear that Twitter is well equipped to negotiate the pitfalls of Facebook's disastrous IPO, however the question remains as to whether the offering is overhyped, or just hyped enough. Provided that Twitter can convert users and data to revenue, the shares look a reasonable return on investment. However, with so many external factors outside of the company's control, the future is hazy.
To read the report in full, see the new November-December issue of World Finance, available online and in print now.
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SOURCE World Finance