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Corporate >
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| The telecommunications industry continues to confront ongoing change. Following the boom of the late 1990s, and crash in the first half of this decade, once hyped technologies and business models are becoming reality, whilst regulation continues to constrain and influence business strategies. The challenges of the market today include:
- Ongoing consolidation and restructuring as players reposition themselves in an increasingly competitive and global market;
- Increased shareholder scrutiny in the wake of insolvencies and scandals;
- The search for new markets as both incumbents and new entrants face cannibalisation of legacy voice revenues by voice-over-IP and increasing convergence between fixed, mobile, internet and broadcasting players;
- Opportunities for market entry facilitated by spectrum liberalisation;
- Outsourcing and offshoring by market players to reduce cost and improve efficiency; and
- Ongoing regulatory constraints such as the voluntary restructuring of BT in the UK, the application of market by market micro-regulation across the EU and a rise in sector-specific consumer protection rules.
Mayer Brown understands the challenges faced. Our understanding of our clients' requirements, with many members of the team having been employed by, or seconded to, companies in the telecoms sector, ensures that we are well placed to assist our clients to achieve their desired outcomes. In addition, through involvement with industry associations and regulatory bodies our lawyers help shape the development of the sector, often providing input to new directives and legislation.
What the directories say:
Communications group head Peter Dickinson is praised for his "first-rate transactional exeprtise and personable manner" - Chambers & Partners UK Directory 2009. He is also noted as being "Resourceful and adept at finding practical solutions" - Legal 500 UK 2008.
Indeed the group as a whole are "approachable, good communicators who all offer commercial, sensible advice" - Chambers & Partners UK Directory 2009.
Clients report that they are "spoilt for choice with experts of the highest calbre" in the telecoms and broadcast space at this firm (Chambers & Partners Global Directory 2007).
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