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Global telecom operators and investment bankers meet at mergers and acquisitions forum in London
Global telecom operators including Etisalat, Batelco and Saudi Telecom are meeting with leading investment banks, including Goldman Sachs, Citi and UBS at the TMT M&A Forum in London on March 14 to discuss mergers and acquisitions.
Daniel Ritz, Chief Strategy Officer of Etisalat Group, the UAE headquartered operator with operations in 18 countries, is among the speakers at the TMT M&A Forum, which gathers key industry players and advisers to assess investment opportunities and strategies. Also featured are speakers representing Batelco, Telenor, BT, Saudi Telecom, Vivendi, and sector heads from leading M&A advisers including Goldman Sachs, Citi, Macquarie and UBS.
“Telecoms M&A activity is increasing and it is significant that major operators such as
Etisalat are discussing acquisitions again,” said Dominic Lowndes, Editor of TMT Finance News and the event producer. Etisalat is keen to enter Libya, and it has made several moves lately that potentially increase the overall company’s capacity for expansion, including restructuring of operations through outsourcing and sale and leaseback deals, raising US$2 billion of debt and announcing their exit from India.”
“Several other telecom operators are also pursuing acquisitions, with Telenor increasing its stake in Vimplecom, which could lead to more investment, France Telecom acquiring Mobinil in Egypt, and Batelco, Sistema and Telia Sonera also linked to deals,” added Lowndes. “We are also seeing a realignment of portfolios in Europe, along with growing demand for investment in new technology and 4G licences, as the industry enters an exciting stage of transition.”
The TMT M&A Forum (www.tmtfinance.com/
Key sessions at this year’s event include the Global Telecom Strategy Round Table; The Race for Spectrum; M&A Advisers Panel; Infrastructure Ownership – Releasing value from towers and other assets; Investing in the Next Wave – What are the critical new technology opportunities?
For further details on programme timings go to www.tmtfinance.com/
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