Vendor financing is becoming increasingly important in a cash-strapped telecom sector.
It involves telecom equipment suppliers extending credit to their customers, the network operators, thereby assuming their credit risk. Many market participants predict that it will play a big part in the development of third generation (3G) services.
Having committed themselves to the massive costs of acquiring 3G mobile phone licences, mobile telecom operators are desperately considering their scarce financing options to complete the roll-out of 3G networks.
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