The Deal
Saturday, November 21, 
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Entries tagged "telecom"

Midmarket telecom sector hits doldrums

Middle-market deals in the telecom sector have been waning, but an uptick may be around the corner with more assets hitting the auction block.


Should AT&T jump for Leap?

Chatter on Wall Street points to a possible AT&T purchase of Leap Wireless. Despite the inexpensive asking price, might the technological hurdles be too costly?


Stimulus funds give telecoms a headache

Should Verizon and AT&T be worried that the $7.2 billion slated for broadband will end up bankrolling startups to compete with them?


When Iridium called it quits

On this date in deal history, the bankrupt satellite phone service announced plans to hang up service after Craig McCaw backed out of a deal to buy it.


No rules broken at FCC but deception widespread, report says

A year-long investigation of Federal Communications Commission Chairman Kevin Martin has found "egregious abuses of power," but apparently no outright rules violations....


Who might receive the call to head the FCC?

As the Federal Communications Commission has emerged from obscurity over the past few decades, the position of the agency's chairman has become more and more coveted. Today, the FCC is building the infrastructure of the 21st century, a far cry from the pure-play broadcast licenser it was a few decades ago. Not to mention the fact that a chairman today has a greater chance of transforming his position into a lucrative job at a private equity firm, as former Chairmen William Kennard, now a partner at Carlyle Group, and Michael Powell, now a partner at Providence Capital, have done. ...


Telecoms consider 'bailout' too

With the financial industry receiving a $700 billion bailout package, a number of other industries are turning around and wondering why they shouldn't be the next group to be rescued. As Congress considers an infrastructure stimulus package, a number of telecom and media academics and policy makers have begun discussing whether that roads and bridges package should also include funding to build out the infrastructure of the future: Ultra Broadband, or UBB, a super-high capacity next-generation Internet service.  ...


Sprint Nextel-SK Telecom: What would CFIUS do?

As rumors persist about a possible bid by South Korea's SK Telecom Co. Ltd. for Sprint Nextel Corp., thoughts turn to how the U.S. government might react. ...


PE bidders teaming up for Huawei auction

The auction for a stake in Chinese cell-phone handset maker Huawei Technologies Co. Ltd. is taking shape following the first round of bidding by private equity participants....


Buyout shops jump into auction for PCCW unit

As Asian telecom PCCW Ltd. gears up to sell off a 45% stake in itself, the UBS-run auction is attracting the attention of a number of private equity firms. ...


Hedge fund calls out Icahn over XO

R2 Investments suggests the activist investor is guiding the telecom toward bankruptcy.


Survey: Germany gains favor among VCs in life sciences, Asia in IT

While the U.S. continues to rank No. 1 among VCs for technology innovation, other countries are gaining traction and more VCs are looking abroad, according to a survey released Tuesday from the National Venture Capital Association and Deloitte LLP. ...



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Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


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Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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