396 days. One year and one month. That is how long it’s been since AT&T first announced it would acquire Time Warner for $85 billion on October 22, 2016. As the AT&T – Time Warner deal languishes in the courts, I am again reminded of the advantages that privately held middle market companies have when …
Tag: Telecoms
Summer Blockbuster Deals – Verizon, Netflix Execute Acquisitions
Deal activity in the technology, media and telecommunications (TMT) sector is heating up as companies acquire to keep up with evolving technology and consumer demand. The internet and smartphones have changed how people view and share information with consumers, abandoning cable TV in favor of streaming services that provide customized TV and music on demand. …
Capstone Announces Closing of Deal between Trinidad and Tobago’s Green Dot and One Caribbean Media
Capstone announced today that Green Dot, a telecommunications provider headquartered in Trinidad and Tobago, has received regulatory approval to sell a 51% stake to One Caribbean Media. The acquisition allows Green Dot to continue reaching new markets and rapidly growing its subscriber base. Capstone Strategic, Inc. (Capstone) announced today that Green Dot, Ltd. (Green Dot) has …
Verizon to Acquire Straight Path to Build 5G Network
Verizon will acquire Straight Path Communications for $3.1 billion, beating out AT&T’s initial offer of $1.25 billion. The primary driver for the deal is accessing Straight Path’s millimeter wave spectrum which will be key to building a faster 5G network. Disruptive technology and evolving consumer habits are reshaping the telecommunications industry at a rapid pace …
Capstone Advises Green Dot of Trinidad and Tobago in Transaction with One Caribbean Media
Capstone announced today that Green Dot, a telecommunications provider headquartered in Trinidad and Tobago, has entered into an agreement to sell a 51% stake to One Caribbean Media. The acquisition will allow Green Dot to accelerate subscriber growth and continue expanding into new markets. Capstone Strategic, Inc. (Capstone) announced today that Green Dot, Ltd. (Green Dot) …
M&A in European Telecoms: Go Big or Cash Out
Vodafone’s cash buyout of Kabel Deutschland for 7.7 billion Euros has the European telecom M&A scene heating up. AT&T, for one, is rumored to be eyeing Europe for suitable acquisitions ─ perhaps even Telefonica, Spain’s leading multinational. In the past, such deals would have been considered one-off acquisitions reserved for large corporations with the power …