Not long, that’s how long.
Stefan Stanislawski writes a really interesting blog post over at Fibernomics.com entitled Typical major telco shareholders hold the stock less than a year – is this really the right type of capital to fund fibre?
Stefan details the average duration of investors holding on free float shares for major European incumbents. On average, it’s less than a year. Stefan argues that as policy makers seem convinced still that incumbents are the solution to get fiber deployed, that reality itself might make it impossible. Such short term dealings are not aligned with the requirements of infrastructure investment.
Very interesting read.
Photo Credit: Wall Street by jpellgen