CONCEPTUAL DEVELOPMENT AND FINANCIAL ANALYTICS FOR STRATEGIC DECISION-MAKING IN TELECOMMUNICATIONS, FOCUSING ON ASSESSING INVESTMENT OPPORTUNITIES AND MANAGING RISKS IN SATELLITE PROJECTS

Authors

  • Nneka Adaobi Ochuba Independent Researcher, UK
  • Olukunle Oladipupo Amoo Department of Cybersecurity, University of Nebraska, USA
  • Enyinaya Stefano Okafor Independent Researcher, Phoenix Arizona, USA
  • Favour Oluwadamilare Usman Hult International Business School, USA
  • Olatunji Akinrinola Independent Researcher, New York, USA

DOI:

https://doi.org/10.51594/ijmer.v6i3.847

Abstract

Conceptual development and financial analytics are critical components of strategic decision-making in the telecommunications industry, particularly in assessing investment opportunities and managing risks in satellite projects. This Review provides an overview of the key concepts and approaches used in this context. In the telecommunications sector, especially in satellite projects, conceptual development involves the creation and refinement of strategic plans and objectives. This process includes identifying market opportunities, defining project goals, and developing strategies to achieve them. Financial analytics, on the other hand, involves the use of financial data and models to evaluate the financial viability of investment opportunities and assess the potential risks. One of the key challenges in conceptual development and financial analytics for satellite projects is the complexity and uncertainty inherent in the telecommunications industry. Satellite projects often require significant upfront investment and have long lead times, making it essential to carefully evaluate the financial and strategic implications of such investments. To address these challenges, telecommunications companies use a range of tools and approaches. These include financial modeling, scenario analysis, and risk management techniques. Financial modeling involves creating mathematical models to simulate different investment scenarios and assess their financial impact. Scenario analysis involves evaluating the potential outcomes of different scenarios and identifying key drivers of financial performance. Risk management techniques involve identifying and mitigating potential risks associated with satellite projects, such as regulatory changes, technological obsolescence, and competitive pressures. Overall, conceptual development and financial analytics play a crucial role in strategic decision-making in the telecommunications industry, especially in satellite projects. By using these approaches, companies can assess investment opportunities, manage risks, and make informed decisions that align with their strategic objectives.

Keywords: Financia Analytics, Strategic, Decision-Making, Telecommunications, Development.

Published

2024-03-07

Issue

Section

Articles