Telecom Mergers & Acquisitions: Economical & Technological Effects
Team: Julianna LaFerney, Casey O’Brien
Faculty Advisor: Dr. Siems
Year: 2009
Documents: Final Report (Word), Final Presentation (PPT)
Telecommunications industry is one of the most profitable and rapidly developing industries in the world and it is regarded as an indispensable component of the worldwide utility and services sector. In recent years, the number of mergers and acquisitions in Telecom Sector has been increasing significantly, and this event study explores mergers and acquisitions in the United States’ telecommunications industry. The study analyzes the history of mergers and acquisitions in the telecommunications industry using market and event study modeling while using the Verizon and Alltel merger as the case study.
The telecommunications industry is one of the most profitable and rapidly developing industries in the world and it is regarded as an indispensable component of the worldwide utility and services sector. The telecommunication industry deals with various forms of communication mediums, for example mobile phones, fixed line phones, as well as Internet and broadband services. The aim behind such mergers is to attain competitive benefits in the telecommunications industry.
The mergers and acquisitions in the telecom sector are regarded as horizontal mergers because of the reason that the companies going for merger or acquisition are operating in the same industry, the telecommunications industry.