march 2002 1st edition october 2003 tmt technology media telecommunications foreword 2 introduction 3 world markets 5 the global telco indices executive summary 6 regional financial performance 8 americas 10 a look at latin america 12 index movements and analysis 13 comparative company 15 europe 19 european 21 25 asia pacific 29 31 market 33 35 methodology 38 glossary of terms abbreviations 39 about deloitte 40 contacts 41 table contents is part an ongoing research program crucial to understanding dynamic that informs decision making in increasingly complex environment draws upon both data sources for metrics expert by our team telecom practitioners fundamental metric used capitalization most comprehensive inclusive measure industry s long term value because it derived from share price tends reflect