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Newspaper Article
Invest in telecomms, says expert
2002
Overview
That is the view of John Rockwell, a partner in Californian venture capital company Advent International, who visited Auckland recently. One of the world's largest private equity firms with US$6 billion (NZ$12.8 billion) under management in 17 countries, Advent is a co- manager -- with Auckland's Direct Capital Private Equity -- of one of the government's Venture Investment Fund managers, TMT Ventures. Nevertheless, Mr Rockwell says Internet over wireless and some other new services will drive demand for network bandwidth, and it could be a good time to invest, bearing in mind that investors in similar conditions in the early 1990s made a killing when investments matured.
Publisher
Stuff Limited
Subject
