Telecoms Project Documentation: Allocating Risk in Finance and Development
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Telecoms Project Documentation: Allocating Risk in Finance and Development

Telecoms Project Documentation: Allocating Risk in Finance and Development


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About the Book

Drawing on decades of telecoms documentation experience from two leading international law firms, this new book enables you to protect your business from current threats but prepare you to take advantage of new opportunities as they arise. It suggests practical tips for drafting and reviewing documentation and gives guidance on individual documents, clauses, warranties and charges. It examines the documentary life-cycle of telecoms financing including debt, vendor, venture capital and joint venture funding; licencing and authorisations; equipment supply and interconnection; and documentation issues for specific telecoms technologies such as mobile virtual network operations, satellite projects and fibre optic cable projects. An indispensable guide for financiers, operators and their legal advisors in navigating the documentary minefield of complex telecoms transactions. Extract from Foreward This book, Telecoms Project Documentation, is a welcome addition at this time. It provides a guide to the legal and business aspects of telecoms project financing and development - from the unique attributes of telecom joint ventures to the special characteristics of equipment vendor financing in our industry, and ranging from satellites to submarine cables. It is a source of much-needed guidance: to learn from some of the misjudgments of the past and continue the inevitable advance of the telecom revolution. Mr Yoshio Utsumi , Secretary-General, International Telecommunication Union (ITU), Geneva, November 2002

Table of Contents:
Author Preface Foreword List of abbreviations Chapter 1: Telecommunications projects: an overview Glenn S Gerstell and Elizabeth Zelinka Introduction The evolution and current state of the telecommunications market Unique characteristics of telecommunications projects Financing telecommunications projects Operating and technology issues for the telecommunications project About this book Chapter 2: Joint venture/consortium agreements Andrew McMillan Introduction1 Preliminary issues Secondary issues Chapter 3: Traditional options for raising debt Glenn S Gerstell and Elizabeth Zelinka Introduction Bank loans for telecommunications deals Accessing the capital markets Using the capital markets Defaults and prepayment Appendix A: Key borrower issues for raising commercial bank debt Appendix B: Key lender issues in extending credit to telecom companies Chapter 4: Vendor financing Glenn S Gerstell and Elizabeth Zelinka Vendor financing - more demand in a tighter market Shaping vendor financing facilities Key commercial terms of vendor financings Special documentation issues in vendor financings Appendix B: Key vendor issues in vendor financings Chapter 5: Telecommunications licensing and authorisations James Ibbetson Introduction What is a telecommunications licence? What a financier should look for in a licence Types of licences Concessions Other forms of authorisation What obligations does the licence impose? Licences are personal rights Regulator's powers to terminate or modify a licence Forces of change Hints for due diligence Other types of network access Collocation and facility sharing Contributions to a dominant carrier's universal service obligations Competition law Example - the European Union The lender's requirements Hints for due diligence Conclusion Chapter 8: Satellite telecommunications136 Clive Tucker Introduction Types of satellite telecommunications systems and services Key satellite contracts and issues Operational contracts Transponder leases Service provision Satellite regulatory issues Chapter 9: Submarine fibre optic networks Glenn S Gerstell and James C Liles The current climate - a new glimmer of light at the end of the cable? Challenges presented by the project finance scheme Conclusion Chapter 10: Mobile Virtual Network Operators174 Andrew McMillan Introduction What is an MVNO? Rationale for the MVNOand the MNO Regulation impacting upon MVNOs


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Product Details
  • ISBN-13: 9781855649705
  • Publisher: Euromoney Institutional Investor
  • Publisher Imprint: Euromoney Institutional Investor PLC
  • Height: 246 mm
  • Width: 189 mm
  • ISBN-10: 1855649705
  • Publisher Date: 31 Dec 2002
  • Binding: Paperback
  • Language: English


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