Timing Evaluation of Telecom Investment Decision under Demand Uncertainty
Under uncertain conditions, the problem of selecting investment timing for telecom network optimization and expansion projects is common in the investment practice of telecom operators. By examining the characteristics of the demand and price of the telecommunications industry, combined with histori...
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| Veröffentlicht in: | Mathematical problems in engineering 2022-08, Vol.2022, p.1-6 |
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| creator | Gu, Yajun Nguyen, Oanh Shi, Van Tinh |
| description | Under uncertain conditions, the problem of selecting investment timing for telecom network optimization and expansion projects is common in the investment practice of telecom operators. By examining the characteristics of the demand and price of the telecommunications industry, combined with historical data of the telecommunications industry, an exponential function relationship of prices meeting demand is proposed, and then an investment timing decision model under the condition of uncertain demand is established on this basis. Studies have shown that when the value of the investment project is 1.5634 times the investment cost, the value of the investment option is the largest, and this is the optimal investment opportunity. The value of the investment opportunity F(V), the value of the project V∗, the degree of demand uncertainty σ, and discount rate ρ are positively correlated, and it is negatively correlated with the opportunity cost δ of delaying project investment and keeping investment options alive. |
| doi_str_mv | 10.1155/2022/2861359 |
| format | Article |
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By examining the characteristics of the demand and price of the telecommunications industry, combined with historical data of the telecommunications industry, an exponential function relationship of prices meeting demand is proposed, and then an investment timing decision model under the condition of uncertain demand is established on this basis. Studies have shown that when the value of the investment project is 1.5634 times the investment cost, the value of the investment option is the largest, and this is the optimal investment opportunity. 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| subjects | Communications networks Costs Demand Efficient markets Expansion Exponential functions Mathematical problems Network management systems Optimization Put & call options Telecommunications Telecommunications industry Uncertainty |
| title | Timing Evaluation of Telecom Investment Decision under Demand Uncertainty |
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