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Assets - Financial Concept in Telecom

Financial knowledge empowers informed decision-making and financial performance analysis across telecom roles. One of the Core Financial Concepts is Assets

Assets are resources owned or controlled by a company that are expected to bring future economic benefits.

a. Tangible Assets: Physical resources that a telecom company owns.
· Network infrastructure: This is the backbone of the business, including fiber optic cables, towers, base stations, and switching equipment.
· Real estate: Land and buildings used for offices, data centers.
· Equipment: Computers, servers, vehicles, etc., used in daily operations.

b. Intangible Assets: These are valuable resources that lack physical form.
· Spectrum licenses: The rights to use radio frequencies for wireless services.
· Intellectual property: Patent, trademarks, copyrights
· Software and databases: Proprietary software and data.