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Telecom Deals Come Under Closer Scrutiny

机译:电信交易受到更严格的审查

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At the end of almost every quarter, a senior executive at an Asian bandwidth provider says, other companies would approach him and offer to exchange something he didn't want for something he is pretty sure they didn't need-capacity on each other's networks. "It's almost always three to four days before the end of the quarter. It's just laughable," the executive says. What these companies were after is what he calls "artificial revenue," a way to boost their results at a time when im-pressing investors has become particularly difficult. These "capacity swaps," as they are known, give companies the opportunity to record revenue from the deals in the quarter they are made while deferring the expense of buying capacity over a number of years.
机译:几乎每个季度末,一家亚洲带宽提供商的一位高管说,其他公司会与他接洽,并提出将他不想要的东西换成他很确定他们不需要对方网络上的容量的东西。 。这位高管说:“几乎总是在本季度末三到四天之前。这真是可笑。”这些公司所追求的就是他所谓的“人为收入”,这是一种在给投资者留下深刻印象的时候变得特别困难的时候提高其业绩的方法。众所周知,这些“能力交换”使公司有机会在完成的季度中记录交易产生的收入,同时将购买能力的费用推迟数年。

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