简介:Telecomenterprisesareinurgentneedofalargeamountoffundsforupdatingnetworksandexpandingmarketshares,whileasset-backedsecuritizationisthemostrapidlyandvigorouslygrowingproductoffinancialinnovationintheinternationalcapitalmarket.Sincetelecomassetischaracterizedbylongrecoveryperiod,poorliquidity,highqualityandstablecashflow,whicharethebasicconditionsforusingasset-backedsecuritizationtofinance,asset-backedsecuritizationcanbeanewfinancingwayfortelecomenterprises.
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