Indian telecoms M&A expected to surge as regulatory uncertainty eases
Indian telecoms M&A is predicted to surge with bankers predicting up to US$6bn of transactions this year and several times more the year after, providing regulatory and economic conditions stabilise.
Telecom CEOs and Heads of TMT from investment banks and advisory businesses are meeting to discuss the latest opportunities and strategies at the TMT Finance and Investment India Conference in Mumbai on October 18 (www.tmtfinance.com/
“Telecoms M&A in India is going to play a highly significant role in the development of the telecom sector over the course of the next two years,” said Chris Stanford-Beale, Partner and Global Head of Transaction Support, Analysys Mason, who will be making a keynote speech on ‘M&A Opportunities and Constraints’
There are currently more than 12 mobile operators in India, making it one of the most crowded markets globally. However a new round of spectrum licence auctions in November is intended to begin the process of opening up the market. Acquisitions and spin offs are also expected.
“Some bankers are predicting US$6bn of transactions in Indian telecoms within a year, with several times that expected the following year, if the regulatory and economic environment stabilises.”
Speakers featuring at the TMT Finance India conference include Shri R. Chandrashekhar, Secretary, Department of Telecommunications;
For the full speaker list go to: www.tmtfinance.com/
TMT Finance & Investment India takes place at the Four Seasons Hotel in Mumbai on October 18 and is supported by Herbert Smith, Analysys Mason, Ernst & Young, Booz & Company, MSL Group Asia and EM Finance Consulting.
For more information about the programme and registering to attend go to: www.tmtfinance.com/