The banking and the telecommunications, media and technology TMT industry have been even more closely linked in recent years.
In times of fast growth and consolidation in the TMT industries, the banking sector has become even more infused into the industry, says Alexandra Cook-Schaapveld, senior executive vice-president and global head of telecom, media and technology, ABN AMRO. Speaking at a recent conference in Singapore, Cook-Schaapveld said such inter-dependence between the two sectors has had an impact on finance and treasury models worldwide.
The TMT industry in recent years has been characterized by high growth, as well as consolidation and convergence. Growth in the industry has been funded by capital from banks worldwide....
