Recovering from the bust of the dot.com boom, telecommunications is again at a crossroads with increasing bandwidth demand, aging infrastructure, and limited access to capital. Untraditional players are squeezing the margins adding pressure to the challenged industry.  Providers need to make the right investments to support the lowest cost per bit, to deliver improving SLA's and to provide ubiquity of access against an increasingly competitive landscape.    The primary risk drivers impacting telcom are listed below:

	Strategic		Culture		Asset
	Market		Stakeholder		Reporting
	Market Structure		Legal		System
	Process		Liquidity

Optimizing the Risk-Reward balance within the soul of a corporation's decision making will enable this industry to:

	Differentiate between the universe of competing technologies and application to select projects which improve service offerings at sustainable ROI's.
	Better utilize technology to manage customer migration, support, and maintenance
	Increase 3G application deployment while containing infrastructure costs and weathering demand fluctuations
	Develop new stakeholder synergies to improve demand forecasting, leverage R&D costs, and accelerate value creation

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