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The death of the consortium model and the rise of OTTs
2020-02-18 01:00:00| Total Telecom industry news
The consortium approach to financing subsea cables was popular for many years, but recent years have seen it mostly replaced by joint build projects. Part of the reason for this were the bureaucratic issues surrounding such large groups of players trying to reach a consensus. “The upgrade fees in a consortia could be a nightmare,” said Giuseppe Sini, Head of Retelit International Business Unit, Retelit, highlighting one of the many ways in which heightened bureaucracy delayed projects during a consortium approach…read more on TotalTele.com » [ more ]
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Category:Telecommunications