Economic performance in European telecommunications, 1998-2019 a comparative study
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Keywords
Telecommunication ; Economic performance ; European Union ; European Commission ; Econometric analysis ; Market trends ; Τηλεπικοινωνίες ; Οικονομική απόδοση ; Ευρωπαϊκή Ένωση ; Ευρωπαϊκή Επιτροπή ; Οικονομετρική ανάλυση ; Τάσεις της αγοράςAbstract
Telecommunications is a major sector of advanced economies. The market of telecommunications presents major changes during the last years, due to the technological, economic and social changes. In Europe these changes are major and evident during the last decades. In addition to the global advances in technology and economy, a main factor that has driven changes in the European telecommunications landscape is the privatization of the telecom operators imposed by the European Commission directives in European counties, members of the EU, requiring market liberalization. The present dissertation is a study of the European Telecommunications and the performance of telecom companies in Europe. The aim of the research is to identify trends in the performance of selected European telecom companies with regard to their stock price and profitability. The research is based on secondary data obtained from Thomson Reuters database for the last 22 years (1998-2019). The results of the econometric analysis show a declining trend for most of the companies, following the blooming period of the beginning of the new Millennium