New Challenges for Telecoms M&A in Digital Markets
The challenges facing telecom service providers seeking mergers and acquisitions in the converging digital market place is a key theme at this year’s TMT Finance World Congress in London.
A key theme at the upcoming TMT Finance World Congress will be the challenges telecom service providers are facing executing mergers and acquisitions (M&A) in the converging digital marketplace.
During a keynote speech at the December 1st event in London, Accenture executive Artur Meinzolt will talk about how these providers need to take a new approach to M&A.
“Compared with most other industries, telecom companies have faced challenges creating value from M&A based on the total return to shareholders they have generated,” said Meinzolt, Accenture Strategy lead for M&A in the Communications, Media and Technology Industries. “The strategic rationale for M&A is strong as network operators’ margins and returns on invested capital continue to decline against digital content creators and aggregators. In response, we will see telco-operators evolve into multiple digital operator models to capture new opportunities such as the rapidly growing Internet of Things market.”
Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations.
Meinzolt’s keynote speech, titled ‘Telco M&A in Digitally Disruptive Markets,’ will be followed by the TMT Europe Leadership Panel chaired by Accenture and featuring industry leaders from Liberty Global, EE, Tele2 Group, and Zegona Communications. Panellists will discuss strategies for investment and growth. More than 60 other speakers have been announced for the event, a gathering of senior telecom, media and tech executives, investment bankers, investors and advisers to assess the latest investment strategies and opportunities.
Key themes for this year’s conference also include: World Telecoms Investment: Unified Communications Consolidation; the return of Private Equity; Raising Finance for TMT; Infrastructure Sharing and Towers; Media and Content; Investing in Datacentres and Cloud; 4G Auctions: Internet of Things; Broadband Infrastructure and Investing in Innovation.
Other participating companies announced include Telekom Austria, Vimpelcom, Etisalat, Turk Telekom, Zegona Communications, Goldman Sachs, UBS, Citi, FTI Consulting, PwC, Linklaters, Societe Generale, Credit Agricole CIB, IFC, DNB, ING Bank, BNP Paribas, Providence, O3B Networks, Cetin, INWIT, Eurofiber, Six Degrees Group, Zayo, Colt, CityFibre Interoute, IHS Africa, Hardiman Telecoms, Gulf Investment Corporation (GIC), New Call Telecom, Next Generation Data, ABRY Partners and Griffon Capital.
The TMT Finance World Awards Dinner takes place after the conference at the Pullman Hotel to recognise outstanding investment and advisory activity in TMT globally. Awards presented for Telecom Deal of the Year Infrastructure, M&A and IPO, M&A Adviser, Growth Story, Financing Bank, Legal Adviser and Leadership.