EU telecom operators ready to talk M&A
An article about mergers and acquisitions in the telecoms industry. The article states that European telecoms groups have experienced a decline in revenues over the past few years, even as they face the need to spend more on fibre cables and fourth-generation mobile networks and that the European sector carries €272bn of debt. Arthur D. Little and Exane BNP Paribas are quoted as forecasting a €19bn decline in revenues in European telecoms by 2015 to €208bn, in spite of a rapid rise in demand for data that will require greater network expenditure from the operators.
EU telecom operators ready to talk M&A
An article about mergers and acquisitions in the telecoms industry. The article states that European telecoms groups have experienced a decline in revenues over the past few years, even as they face the need to spend more on fibre cables and fourth-generation mobile networks and that the European sector carries €272bn of debt. Arthur D. Little and Exane BNP Paribas are quoted as forecasting a €19bn decline in revenues in European telecoms by 2015 to €208bn, in spite of a rapid rise in demand for data that will require greater network expenditure from the operators.