Abstract

This IDC Perspective provides an overview and analysis of telecom and cable service provider network M&A deals disclosed in 2020. The document is limited to M&A deals in which the acquirer would take operational control of the target company as well as few high-profile strategic investments.

According to Ragupathy Vellappa, associate research manager, IDC's Worldwide Telecommunications Research, "Despite the impact of COVID-19 pandemic, the year 2020 was healthy for telecom and cable service providers M&As. The overall deal value has skyrocketed from $45.7 billion in 2019 to $71.3 billion in 2020. The top 3 deals (strategic investments secured by Reliance Jio Platforms, Stonepeak's buyout of TPG's Astound Broadband, and Liberty Global's purchase of Sunrise Communications) accounted for 50% of total deal value in 2020. Private equities' continued interest in telecom assets, companies' drive for scale and balanced converged assets, and telco's divestiture strategy were the key factors driving 2020 M&As, and the same will propel 2021 M&As activities. The sale proceeds from telco's divestiture are redirected toward next-generation network investments (including 5G, fiber deployments, AR/VR, and IoT platforms), as well as to strengthen their balance sheet."


Coverage

Content


Get More

When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.



Related Links

Do you have questions about this document
or available subscriptions?

Contact Us