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All about private equity investing in Telecoms

Boston Ventures to sell Vista III Media
31/10/2007. Boston Ventures, a mid-market private equity firm investing in the media and communications sectors, has agreed to sell Vista III Media, an Atlanta-based regional provider of cable television, internet and telephone services, to Harron Communications, a cable and communications services operator.

Wireless broadband utopia: are we there yet?
29/08/2007. The pieces appear to be falling in place for wireless broadband, says Knowledge Wharton. Sprint Nextel says its next-generation high-speed network will be launched in a few markets by the end of 2007. Intel plans on embedding so-called WiMAX enabled semiconductors in laptops by the end of 2008, and the Federal Communications Commission on May 1 approved a laptop device that will receive WiMAX signals from a company called Clearwire. Other companies, such as T-Mobile, are supporting hybrid wireless networks so devices can hop between technologies.

Start-ups need change of sales strategy
25/07/2007. Colin Scaife of Sales Gate International tells what it takes to sell in today’s European telecom market. Nicky Blackburn reports, in this article from the IVCJ.

Carrier ethernet networks with copper access boosting market
11/07/2007. Service providers seeking to extend their metro networks are looking to carrier ethernet over copper. In this Israel Venture Capital Journal article, Yossi Saad, VP strategic marketing and product management at Actelis Networks, describes the latest developments in the delivery of carrier Ethernet services.

IMS: All IP, for everything
04/07/2007. Why do venture capital firms operating in the telco sector need IMS networking architecture? In this Israel Venture Capital Journal article, Tania Hershman gets answers from the industry experts.

Fixed/mobile convergence: the next paradigm in telecommunications
20/06/2007. What will fixed/mobile convergence mean for consumers and operators? In this IVCJ article, telecom executives tell Tania Hershman how they see the FMC sector developing.

Emerging trends in the communications industry
30/05/2007. In this IVCJ article, Modi Rosen, managing partner of Magnum Venture Capital, discusses four trends that are likely to put a new face on the communications industry in the years ahead.

The fixed network market in Western Europe
12/07/2006. In the past, Western Europe’s fixed network incumbents managed profitability by cutting their costs and by improving their efficiency, says Mercer Management Consulting. However, their business processes remain too inefficient and cost-intensive when compared with those of other service-based industries. What is more, the cost gap promises to widen further due to continued revenue losses in the original business segments of voice telephony and data transmission.

Mercer study on the broadband market
16/08/2005. Broadband technology was introduced in the 1990s with high expectations, says Mercer Management Consulting. The information superhighways were considered synonymous with the alluring new world of the Internet and an indispensable prerequisite for enjoying the unlimited possibilities of the information age. Innovative broadband technology was also supposed to drive profitable new business models. Compared with other countries, however, Germany is in danger of missing out on the opportunities of this promising technology.

European telephone directory market report 2003
17/12/2003. The European telephone directory market has undergone a period of dramatic change over the last four years, witnessing unprecedented levels of M&A activity, according to this summary of AMR International's European Telephone Directory Market Report 2003.

UK telecommunications
06/08/2003. Telecoms operators have been suffering heavy debt burdens in recent months, with various large corporates seeking to sell off non-core assets in the hope of giving a boost to ailing share prices. These developments have represented opportunities for private equity firms with money to spend. In an overview of the UK industry, Barclays Bank takes a look at the possibilities for the sector.

Telecommunications markets: where is the recovery?
13/06/2003. In addition to the global economic downturn, the telecommunications sector has been plagued by a regulatory overhaul, excessive debt burdens and reduced investor interest. Mark Purdom of CriticalEye explores the future of the industry and attempts to answer the question: where is the recovery?

Ringing in the rupees
04/06/2003. The global telecoms industry is characterised by negative news at the moment. Yet the sector in India seems to be bucking the trend. It is growing at an alarming rate and is also attracting foreign investment, according to VG Kulkarni of the AVCJ.

Mobile horizons
30/04/2003. The telecoms sector has been suffering from a marked lack of interest on the part of investors still nervous after the tech crash. But, says Martin Fustes of 3i, new innovations mean that the mobile telecommunications industry has a new energy about it.

The future of mobile
04/03/2003. The telecoms sector suffered something of a setback with the implosion of the ‘tech revolution' in 2000, and for some time has been out of favour with investors. But, in an overview of the future of the mobile industry, Robb Klein of SJ Berwin outlines some of the opportunities still up for grabs.

Proposed new merger approval laws for Hong Kong's telecommunications industry
25/02/2003. In 2002, the Hong Kong government released its proposed merger regulatory regime and has shifted a fair way from its original proposals. Peter Waters of Gilbert & Tobin assesses the impact of the new regulation on the region's telecommunications industry and, ultimately, what it will mean to investors.

Telecom: advantage, France and Germany
27/01/2003. Pushed mainly by advances in the mobile-telephone sector, the productivity of the French and German telecommunications industries rose strongly in the late 1990s. By the end of the decade, German productivity had even surpassed US levels. Although further gains are likely as data communications services improve, each of the three countries examined in this McKinsey Global Institute study faces a different challenge to push telecom productivity ahead.

An overview of New Zealand's telecommunications regulatory regime
21/01/2003. Until recently, New Zealand's telecommunications industry was regulated by a system of generic competition law. However, the government has now decided to establish a regulatory scheme specific to the telecommunications industry. Seth Eeles of law firm Gilbert & Tobin discusses what this will mean for the sector.

Street Talk
22/08/2002. The global telecoms market will eventually stabilise but its future growth is currently hanging in the balance. Mark Mowrey of Red Herring discusses the so-called ‘telecoms winter' and notes that the industry lacks the service-driven demand that it requires to drive growth.

Regulation of mergers and acquisitions in the Hong Kong telecoms sector
16/07/2002. On 15 May 2002, a bill intended to regulate mergers and acquisitions in the telecommunications market was presented to the legislative council in Hong Kong. Freshfields Bruckhaus Deringer discusses the new regulations and the effects they may have.

Telecommunications investment opportunities in the UK
22/01/2002. Even at a time when the telecommunications sector overall is out of favour with investors, the UK is emerging as the European centre for the industry's latest technologies. Invest UK discusses why this is occurring and which of the industry's leading companies have been attracted to the United Kingdom.

Facing disconnection: hard choices for Europe's telcos
09/01/2002. Most European telecom companies resemble holding companies with majority interests in a variety of businesses. Over the next few years, this structure will change dramatically, says McKinsey Quarterly. Only a very few incumbents have pockets deep enough to remain integrated; most of the others will have to start shedding assets and abandoning activities.

Caveat vendor
03/09/2001. Telecom equipment suppliers extended billions in vendor financing to aggressive start-ups and wireless companies. Many of them are now struggling or bankrupt – and their suppliers are suffering too according to this article from the McKinsey Quarterly.

Going mobile
31/08/2001. The number of mobile telephone operators in the European markets is growing at a phenmomenal pace. This article from the McKinsey Quarterly looks at the issues that landline operators must now face.

A feeding frenzy
29/05/2001. The year 2000 saw the three-year bull market in telecom stocks come to an abrupt halt, according to this article by Zephus corporate finance.

Europe's high-speed mosaic
29/05/2001. A war is being fought over Europe's broadband landscape and the next few years will produce a technology winner. When looking at the telecoms sector, it is vital to be aware of the contenders – McKinsey presents them here.

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