Staying connected is easier than ever. It is estimated that 4.77 billion people worldwide currently have access to mobile phones1. This number, in addition to the 900+ million “land” and VOIP (Voice over Internet Protocol) users, continues to grow …
In 2016 we saw the telecommunications industry becoming more and more competitive. Telecom is booming. With wireless, VOIP and cable communications startups continuing to rise, the need for quick access to financing increases. A perfect funding solution for telecommunications companies …
As technological advancements continue, rapid growth within the industry is par for the course. Tech entrepreneurs once looked to “angel” investors or venture capitalists to secure their companies’ initial and growth funding. Now, startups are outnumbering financial backers, which often …
In recent years, more and more companies are transitioning from on-site servers and software solutions to cloud computing. So much so, according to Forbes Magazine, worldwide spending is predicted to grow 19.4% each year, making cloud computing a $141 billion …
For the majority of new businesses and for businesses looking to grow, the funding needed to jumpstart development is oftentimes unavailable. This leaves businesses with few options for financing. Choosing the right financial solutions at the beginning stages of development …
Access to working capital is a constant struggle for growing technology companies, in part due to accounts receivable collection periods of 90 days or more. Long collection periods put a strain on cash flow and make this growing industry a …
In the wake of the so-called credit crunch caused by the meltdown of the sub-prime mortgage market in the United States, it is increasingly difficult for companies, small businesses, and individuals to secure favorable loans from reputable lenders.
The modern day telecommunication industry was born after AT&T was designated a monopoly in 1982. One company was split into seven which ultimately evolved into thousands. With billions of dollars invested and the evolution of cable and the internet, the industry exploded. And then it imploded.
If your small business were a grocery store or automotive mechanic shop, most every lender in the U.S. would immediately understand your business model. If you were to approach them looking for a line of credit, they would be able to quickly determine if your business qualified for one. However, as the owner of a telecommunications company you know that this is not always the case for your industry. Traditional lenders simply do not understand how telecom companies operate and the intricacies of telecommunications funding.
In light of regulatory changes over the last few years it is very clear that UNE-P is dead. The landscape for Competitive Local Exchange Carriers (CLEC’s) has changed forever. There has been considerable consolidation in the industry and some major fallout as well.