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  • European Telecom: All of a Sudden, “Nationalism”

    It’s an interesting take in business: to be your brother’s keeper that is – especially if his business is trying to demolish yours – but one of the credos of Upstart: Business and Management for 20-40 Year Old Professionals, is that competition is good for everyone – business innovate, workers work through precision and futurity and customers get choices and cheaper prices.

    Everyone wants in on emerging markets: that is, until their own market becomes the emerging market. This is exactly what European Telecom companies are facing, because the European Union is trying to create a stronger communications infrastructure, and it will be costly, and one of the options, will be to open up bidding for wireless services to outside carriers and services, which is being met with incredible resistance by the European Telecom companies – understandably so.

    Kevin J. O’Brien of the New York Times describes this in his article, Europe’s Telecoms Chafe at Opening Networks to Rivals.

    In Europe’s Telecoms Chafe at Opening Networks to Rivals , it states, “Markedly absent from the list, a copy of which was obtained by the International Herald Tribune, is a proposal being considered by Mrs. Kroes that large operators do not necessarily like: the creation of high-speed fiber networks that operate like utilities and are open to their telecom competitors…..The defensive tone of the network operators underlines the impasse Europe faces as it tries to stimulate economic activity by wiring most of its population to high-speed data networks: Most large telecom operators, the likely investors and builders of these new networks, benefit from the status quo, and have little interest in creating new, faster networks — and new competitors.”

    It’s an interesting take in business: to be your brother’s keeper that is – especially if the business your are creating space for, is trying to demolish yours. But one of the credos of Upstart: Business and Management for 20-40 Year Old Professionals, is that competition is good for everyone – businesses innovate, workers work through precision and futurity and customers get choices and cheaper prices. I guess European Telecoms are wondering why they have to underwrite their own sense of being compromised?

    Good Luck.

    Calvin Wilson
    Founder and CEO
    Upstart: Business and Management for 20-40 Year Old Professionals
    Calvin.wilson1@verizon.net
    http://twitter.com/Upstart__Nation

    Filed Under: Global Business

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