Business and Regulation on New Access Generation Networks - An Approach to the Spanish Case using Real Options (Spanish)

25 Pages Posted: 29 Jul 2010

See all articles by Fernando Gallardo

Fernando Gallardo

Universidad Autónoma de Madrid

Teodosio Perez Amaral

Complutense University of Madrid - Facultad de Económicas y Empresariales

Date Written: June 30, 2009

Abstract

Telecommunications carriers are deploying the so called New Generation Access (NGA) networks. These networks consist in substituting the last part of the network (the one that ends in the premises of the client) with optical fiber. This part of the network used to be made of copper. The investments in NGA imply considerable risks but can also constitute an impulse for other sectors. This research proposes a method for the evaluation of these investments including the implied real options. We also consider the regulatory implications of the obligations of renting the network to competitors.

Note: Downloadable document in Spanish

Keywords: telecomunicaciones, regulación, opciones reales, nuevas redes, inversiones, redes de acceso, redes de banda ancha, contenidos.

JEL Classification: C15, G31, L51, L96

Suggested Citation

Gallardo, Fernando and Perez Amaral, Teodosio, Business and Regulation on New Access Generation Networks - An Approach to the Spanish Case using Real Options (Spanish) (June 30, 2009). Available at SSRN: https://ssrn.com/abstract=1456262 or http://dx.doi.org/10.2139/ssrn.1456262

Fernando Gallardo (Contact Author)

Universidad Autónoma de Madrid ( email )

Campus Cantoblanco
C/Kelsen, 1
Madrid, Madrid 28049
Spain

Teodosio Perez Amaral

Complutense University of Madrid - Facultad de Económicas y Empresariales ( email )

Madrid, 28223
Spain

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