What CityLab Professional is
The Big Question.
So we ask ourselves, what if there were an innovative company that would provide self-sustaining revenues and, more importantly, growth-sustaining free cash flow and profits? And, what if the company’s status provides the “killer app” to exploit a major business paradigm shift? CityLab Professional and its Underserved Broadband Deployment Initiative promise to offer such an opportunity.
Our results indicate a positive and robust effect of using ICT infrastructure on economic growth in the target group. Still, the magnitude of the effect differs depending on the type of technology training. Regarding the impact of macroeconomic factors, our estimates indicate that inflation rate, unemployment rate, the degree of trade openness, government expenditures, and direct investments would significantly affect outcomes associated with Cisco Systems, or companies like Cisco that design, manufacture, and/or sells Internet Protocol-based networking and other products related to the communications and information technology industry worldwide.