ADM 1300 Lecture Notes - Lecture 3: Global Telecom Holding, Globalive

• School: University of Ottawa
• Department: Administration
• Course: ADM 1300
• Professor: Bernard Guite

Document Summary

Provide examples from the case to support your answer. Throughout the case, lacavera is absolutely intuitive and multidimensional thinker and successful business man. He has very great global view of business and he is good at face challenges and solve problems. Before lacavera started his business, he didn"t know anything about telecommunication. He heard about information of telecommunication form his dad"s friend. Also at that moment, globalive communications corp was not a main stream business. But lacavera believed telecommunication will play important role in the future and he had a idea about telecommunications industry. However, there are a lot challenges to face in the telecommunication industry, in early 2000s telecommunication industry went down and imploded, as a leader of the company, he thought it is time to diversify the company. But in late 2007, he decided to invest and go into the wireless business and he had secured $ 700 millions within six months in nancing from egypt-based.