Telecom Update: Second Quarter 2013
Deloitte Corporate Finance LLC
This quarter’s Telecom Update, produced by Deloitte Corporate Finance LLC (DCF), summarizes transactions within this industry along with information on active buyers, current transaction valuation multiples and an overview of the public market’s perception of the industry.
- As telecom markets in the developed countries are maturing and becoming ever more competitive, the industry consolidation trend continues, pushing the operators to buy or sell telecommunications assets.
- In the second quarter of 2013, the global telecom market witnessed a decline in M&A activity in the total transaction value announced.
- Cable & Satellite services sector, however, was an exception to this trend as the sector saw a significant increase in deal value resulting from Vodafone’s acquisition of Kabel Deutschland Holding AG.
Sources: Capital IQ, Thomson Financial
To read more, download the Telecommunications Update.