J’son and Partners Consulting presents the main results of the research: analysis of the investment deals, typical for the key world players of telecommunication sector in 2010 – 2012

1. J’son and Partners Consulting presents the main results of the research: analysis of the investment
deals, typical for the key world players of telecommunication sector in 2010 – 2012
In the research process the following works have been accomplished:
1. Analysis of 62 largest mobile operators by geographical regions: Europe, Asia, North America,
Latin America, Africa and Middle East, Australia and Pacific Basin;
2. Study of the deals including the corporate reorganization of companies (mergers, acquisitions,
division, and transformation), share purchase, shares of legal entities.
As a result, a selection of 125 deals for 2010 – 2012 was considered, taking into account various
parameters (geography, participants, industries, value of deals).
Despite a decline in activity in the post-crisis years, the statistical analysis of concluded deals shows an
increase in the activity of operators on the M&A market.
Fig. 1. Number of deals by years, 2010- 2013, deals
2010
2011
2012
2013 (F)
Source: J’son & Partners Consulting
On emerging markets such as the Asia-Pacific region and a stable leader - North America, dynamics of
increase in the number of deals is clearly seen in the analysis of strategies by geographic region.
Copyright © 2013, J’son & Partners Consulting. Media can use any text, diagrams and data contained in this market review only with giving
credit to the source of information – J’son & Partners Consulting.
™ J’son & Partners [registered trade mark].
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2. Fig. 2. Dynamic of deals structure for 2010 – 2012, % of the number of deals per year
Source: J’son & Partners Consulting
The increase in the median value of deals from 70 mln.USD to 246,9 mln.USD confirms the restoration
of M&A market of telecommunication sector.
The highest rate of concluded deals is in the sector of providing traditional telecommunication services.
Fig. 3. Structure of concluded deals by investment industries, 2010 – 2012
Source: J’son & Partners Consulting
In a number of considered regions there is a different distribution of investments. Thus, the strategy of
Asian operators of developed countries (Japan, South Korea) is aiming to the development of value
added services. As a result more than 60% of the deals were signed with developers of applications,
cloud and content services etc.
Copyright © 2013, J’son & Partners Consulting. Media can use any text, diagrams and data contained in this market review only with giving
credit to the source of information – J’son & Partners Consulting.
™ J’son & Partners [registered trade mark].
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3. Fig. 4. Structure of the concluded deals by business-directions, Asian region, 2010 – 2013
Source: J’son & Partners Consulting
The same market situation is on the markets of North America, especially on the telecommunication
market of USA, where the largest amount of deals concluded in the sector of development and apps
integration.
On the market of South America around 70% of deals and more than 80% on the territory of Middle
East and Africa had been concluded in the sector of providing traditional telecommunication services.
Fig. 5. Structure of deals by industries, Africa and Middle East, Latin America, 2010 – 2013
Source: J’son & Partners Consulting
Basically, this is due to the fact that in these regions is the lowest penetration rate of telecommunication
services and there is a potential for further development. But the political situation (the Middle East and
Africa) some legislative aspects (South America) are the restraining factors for investing.
Copyright © 2013, J’son & Partners Consulting. Media can use any text, diagrams and data contained in this market review only with giving
credit to the source of information – J’son & Partners Consulting.
™ J’son & Partners [registered trade mark].
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4. There are not that many participants in the Australian region. The consolidation process of assets is
mostly filled by two companies: SingTel and M2 Telecommunications (around 60% of the concluded
deals)
Main conclusions of the research
A review of mergers and acquisitions performed by 62 largest telecommunication operators on the
developed and emerging markets showed that mostly all investment strategies of the companies divided
into the following categories:
 Entering new markets;
 Expanding business-directions (structure of deals from the point of view of the businessdirections is a lot similar for the considered markets – the largest amount of deals are concluding
in the sphere of providing traditional telecommunication services);
 Purchase of certain assets in order to enter the market with a certain technology faster, often to
launch LTE network and 4G.
Copyright © 2013, J’son & Partners Consulting. Media can use any text, diagrams and data contained in this market review only with giving
credit to the source of information – J’son & Partners Consulting.
™ J’son & Partners [registered trade mark].
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5. Detailed results of the research are presented in the full version of the report:
“I nvestm ent strategies of the largest w orld m obile connection operators for 2010 –
2012” (80p)
1. Resume
2. Introduction
2.1
Methodology
2.2
Definition of the key parameters of selection
2.3
Geography
2.4
Participants (market players)
2.5
Value of deals
2.6
Industries
3. Statistical analysis of deals
3.1
By number of concluded deals
3.2
By value of deals
3.3
By industries
3.4
By geographical features
3.1.1. Australia and Pacific Basin
3.1.2. Asia
3.1.3. Asia and Middle East
3.1.4. South America
3.1.5. Europe
3.1.6. North America
4. Profiles of the players and their investment strategies
5. Conclusions
List of companies mentioned in the report
Copyright © 2013, J’son & Partners Consulting. Media can use any text, diagrams and data contained in this market review only with giving
credit to the source of information – J’son & Partners Consulting.
™ J’son & Partners [registered trade mark].
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6. List of illustrations
Fig. 1. Number of deals by years, 2010-2013, deals
Fig. 2. Number of deals by years, 2010-2013, deals
Fig. 3. Structure of concluded deals by investing industries, 2010 – 2012
Fig. 4. General structure of the deals for 2010 – 2012, % of the total number of considering deals
Fig. 5. Dynamic of the structure of deals in 2010 – 2012, % of the total number of deals in the year
Fig. 6. Structure of the concluded deals by business-directions, 2010 – 2013
Fig. 7. Structure of the concluded deals by business- directions on the developed markets (Japan, South
Korea), 2010 – 2013
Fig. 8. Structure of deals by industries, Africa and Middle East, 2010 – 2013
List of tables
Table 1.
Table 2.
Table 3.
Table 4.
Table 5.
services
Table 6.
Table 7.
Table 8.
Largest players in Europe, Asia and North America
Largest players in Latin America, Middle East and Africa, Australia and Pacific Basin
Companies participated in M&A deals in 2010 – 2012
Deals concluded on the territory of Australia, 2010 – 2013
Number of deals concluded in the sphere of providing the traditional telecommunication
Dynamic of the number of deals, Asia, 2010 – 2013
Number of concluded deals by years in the view of separate business-directions, 2010 – 2013
Number of concluded deals by years in the view of separate business-directions, 2010 – 2013
List of companies mentioned in the report
Acom Comunicações
AdJitsu
Airtel Networks Ltd
ALSY
Ame’rica Mo’vil / Claro / Telcel
Amobee Inc
AnComm Inc
AT&T Mobility
Atlantic Telecom
Axiata Group Berhad
Axismed
Bahrain Telecom
Belgacom SA
Bharti Airtel
Bidder
Buongiorno SpA
BV! Media Inc
Cable & Wireless Worldwide PLC
Cablemas SA de CV
Carso Global Telecom SAB de CV
China Mobile
China Telecom Corporation
China Telecommunications Corporation
China Unicom Hong Kong Ltd
Clearwire Corp
Colombia Telecomunicaciones
Complete Telecom
Grupo Iusacell
GTW Holdings Pte Ltd
Hong Kong's Hutchison Whampoa
Hughes Telematics, Inc.
Hutchison Telecommunications International
Ltd
Hynix Semiconductors
Information Infrastructure Management Nordic
AB
InToTally
Invitation Digital Ltd
Kabel Baden-Wuerttemberg
KDDI
Kinlogix Medical Inc
Koninklijke KPN NV
Liberty Global
Liquid Barcodes AS
M2 Telecommunications Group Ltd
MAGASeek Corp
MCV Guam Holding Corp
Metro14 Montreal
MetroPCS Inc
MGM Networks Inc
mmbi Inc
Mobile Gamer Pte Ltd/The
MTN Group
Natrindo Telepon Seluler PT
Nextwave Wireless Inc
Nihon Ultmarc Inc
Sentilla Corp
Silver Server GmbH
SingTel
Singtel Optus Pty Ltd
SK Hynix Inc
SK Telecom
Sky
Sky City Foundation
Sofora Telecomunicaciones SA
Softbank Corporation
Sprint Nextel Corp
Superclick Inc
Svenska Stadsnat AB
Tele Norte Celular Participacoes SA
Tele2
Telecom
Telefónica
Telefonos de Mexico SAB de CV
Telekom Austria AG
Telenet
Telenor
Televisa
TeliaSonera
TelstraClear Ltd.
Telus Mobility
TEO LT AB
T-Mobile USA
Copyright © 2013, J’son & Partners Consulting. Media can use any text, diagrams and data contained in this market review only with giving
credit to the source of information – J’son & Partners Consulting.
™ J’son & Partners [registered trade mark].
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7. Cooliris Inc
Data & Audio Visual Enterprises Wireless
Inc
Databurg GmbH
Digicable Network India Pvt Ltd
Digital Milestone Sdn Bhd
Dimension Data Holdings PLC
DLA Inc
Dodo Australia Pty Ltd
Eatability Pty Ltd
Eftel Ltd
Egyptian Co for Mobile Svcs (MobiNil)
Essar Group
Nobot Inc
TokBox Inc
NTT DoCoMo
OBN Televizija
Oi
Orange Austria
Ortel Mobile
Packet One Networks Malaysia Sdn Bhd
Pioneer Corp
Pixable Inc
Portugal Telecom
Primus Time Telecom
Qtel
Etisalat
Eudasys SAS
Far EasTone
France Telecom
Fuhu Inc
Radishbo-ya Co Ltd
Reliance Communications
Rogers Communications
Rostov Cellular Communication
Rsupport CoLtd
SAP
Tonchidot Corp
Tower Records Japan Inc
Turun Kaapelitelevisio Oy
Verizon Communications Inc.
Virgin Media
Vividwireless Group Ltd
Vivo Participacoes SA
VMG Media JSC
Vodafone
Watanyia
Webmoney Corp
Xi'an Tianlong Science and
Technology Co
Zain Zambia
Zanzibar Telecom
Zoove Corp
____________________________________________________________________________
The newsletter was prepared by the J'son & Partners Consulting Company. We exert every effort to provide actual and forecasting data
representing the situation in full and available at the time of the publication of the material. J'son & Partners Consulting reserves the right of
revising the data after publication of some new official information by individual players.
CONTACT FOR MORE INFORMATION:
Pavel Ermolich
Commercial Director
Pavel@json.ru
www.json.ru
Copyright © 2013, J’son & Partners Consulting. Media can use any text, diagrams and data contained in this market review only with giving
credit to the source of information – J’son & Partners Consulting.
™ J’son & Partners [registered trade mark].
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