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Restructuring has become proverbial in the global telecom industry, until recently spurred by high investment in capital infrastructure; corporate divestitures, mergers, organizational restructuring and acquisitions; and the rapid growth of venture-fueled start-ups. Now, in a troubled economy, many telecoms equate restructuring with downsizing, counting on cost control to ensure their immediate survival. These companies ask themselves, how? How can we retrench until recovery arrives?
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