Eric,
You forgot to mention that by the time TIW had become what you call the "Great White Hope" of cdma 2000 in Europe they were already a basket case from all their soured telecom deals. Just like Mr. Dantas, TIW folks were interested in nothing more than wheelin' and dealin'.
As I'm sure your quite aware, TIW's biggest deal was swinging the merger of Excel and Teleglode and then, just as the crest of the wave started curling, they dumped the whole lot into Monty's lap. In a way one can track the demise of Nortel (BCE's derivative sales) back to TIW dealings. I can't think of any of their other deals but I'm sure they must of flipped numerous hot properties during the early part of the telecom goldrush.
Also, since you bring up IMT-2000 in Korea, the other thing that one needs to consider in understanding the workings of TIW is their relationship with CDP Capital. Without those deep pockets, TIW was nothing. However, I'd expect that relationship has also soured somewhat over recent years.
WRT TIW in Europe, wasn't cdma 450 just TIW's way of attract a buyer for their illiquid Dolphin assets? Doesn't it say something that no European operator was interested in outbidding Inquam and adding cheap Tetra assets to their stable?
I can't really put my finger on what makes me feel so, but I find many of your posting to be tainted in peculiar ways.
Too much said.
Trevor
ps Other than hope for GSM vendor consolidation, what keeps Fido alive? Isn't that just another drowning dolphin dressed up as a cute dog? |
