Oct 2017 - IDC Perspective - Doc # US43098417
Telecom and Cable Service Provider M&A and IPO Analysis for the First Half of 2017
By: Courtney MunroeGroup Vice President of Worldwide Telecommunications Research, Mark WintherGroup Vice President and Consulting Partner, Worldwide Telecommunications, Ragupathy Vellappa, Venkatesh MahaleSenior Research Analyst, Worldwide Telecommunications
This IDC Perspective provides an overview and analysis of telecom and cable service provider network M&A deals and IPOs disclosed in 1H17. The document is limited to M&A deals in which the acquirer would take operational control of the target company and 50:50 joint venture (JV) deals.
According to Ragupathy Vellappa, senior analyst, Worldwide Telecommunications Markets research, "1H17 was another good period for M&As in telecom and cable service provider networks in terms of deal volume. There were only five billion-dollar deals disclosed in 1H17 (Verizon-Straight Path, United Internet Germany-Drillisch, RCN Telecom-Wave Broadband, Peak 10 Holdings-Shaw's ViaWest, and Liberty Interactive-GCI), which accounted for 61% ($11.3 billion) of total deal value. The rest of the 45 deals disclosed were million-dollar deals, as CSPs focused primarily on tier 2 and tier 3 players and start-ups for their network and vertically integrated investments. M&A activity in telecom and cable service provider networks will continue to grow in 2H17 as carriers drive for additional scale and add network adjacent assets such as digital media, IoT, OTT services, datacenter, and cloud computing business."
United Internet AG, Verizon Communications, Inc., Liberty Media Corporation, Euskaltel, S.A., Shaw Communications Inc., Peak 10 Holding Corporation, Uniti Group Inc., Comcast Corporation, Telstra Corporation Limited