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A chief concern is that Vonage, which helped popularize Internet telephone calling, faces brutal competitive pressure from well-heeled and bigger telecommunications players.
"The demographic, deflation and debt trends require very serious re-thinking on the part of the information technology and telecom industries on the very nature of the business," wrote Mr. Tumolillo, whose report outlines the possibility of an even bigger telecommunications crisis than the industry has suffered in the last couple of years.
When Alphasat was first envisaged, there was a trend towards ever bigger telecommunications satellites.
"It has long been seen as likely that one of the bigger telecommunications equipment players would be interested in Tandberg, like Cisco and Hewlett-Packard," said Arild Nysaether, analyst with Fondsfinans, who recommended buying shares in the company.
But recent reports out of Singapore say that SembCorp wants to divest and see Pacific Internet attract in its place a bigger telecommunications company, one that could fuel SembCorp's ambitions to become a global company.
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Germany's biggest telecommunications group, Deutsche Telekom, had challenged the approval decision.
CONNECTIONS -- Big telecommunications companies build and maintain networks and agree to handle one another's traffic.
Nortel Networks, the big telecommunications company, represents nearly 26percentt of the TSE 300's market value.
Even big telecommunications companies are getting into the D.I.Y. security game.
DoCoMo, whose majority owner is the world's biggest telecommunications company, Nippon Telegraph and Telephone, has deep pockets, though.
The company just bought Hong Kong's biggest telecommunications company, Cable and Wireless, for $28.5 billion.
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