Quality assets left for acquisition in the highly consolidated US telecoms market are rapidly dwindling. According to data provided by Dealogic, the number of completed deals has been dramatically declining over the past few years. However, the size of deals has been increasing – larger mergers are being completed but fewer are completed each year.
This has worked out quite well for banks and boutiques that provide advisory services for telco M&A: the amount of revenue generated each year by US telco advisory firms has been increasing, even as the number of deals decreases.
Thanks for your interest in Euromoney!
To unlock this article:
