Mergers and Acquistions News
Categories: Telecoms
January 15th 2009, 16:08PM
Big telecoms firms will look to acquire smaller rivals as the economic downturn continues, according to one expert.
Speaking to Reuters, Harry Rady, chief executive of Rady Asset Management, explained that the recent collapse of Nortel Networks is the shape of things to come.
He stated that the strong firms will improve their positions, while the weak will suffer and go under.
"I think that companies like Cisco will continue to pick off companies in the $100 million (£68 million) to $1 billion range without having to pay much of a premium," he said.
According to analysts, equipment vendors will be particularly vulnerable as firms and consumers cut spending.
However, businesses with large cash deposits could continue taking over firms at a discounted price.
Yesterday, a study by White and Case revealed that merger and acquisition (M&A) activity is now more highly regulated than ever before.
It revealed that laws relating to M&A now exist in 115 jurisdictions across the world.
Related News
Categories
- BPO (32)
- Hardware (118)
- IT Services & Consulting (227)
- Media & Information Services (167)
- Semi-Conductors (77)
- Software (230)
- Telecoms (331)
Archive
- May 2012 (0)
- April 2012 (0)
- March 2012 (0)
- February 2012 (0)
- January 2012 (1)
- December 2011 (20)
- November 2011 (20)
- October 2011 (20)
- September 2011 (20)
- August 2011 (20)
- July 2011 (20)
- June 2011 (21)