With telecommunication industry M&A on an upswing this year, historical records are being broken, says Dealogic Market Insights. A quick look at the graph above makes clear how extraordinary 2014 is compared to recent years. Fourteen M&A deals of greater than one billion dollars eac were announced so far this year, up from 11 such deals in 2013 Year To Date, and the highest activity since 2000 when 30 USD 1bn+ deals were announced.
The total activity for global Telecom M&A stands at 142 deals, up slightly from 140 deals in 2013 YTD, the two lowest YTD levels since 1997 YTD (132 deals), compared to record YTD activity in 2000 (396 deals). The volume is USD 182.0bn, which is two times the volume for the same period in 2013 (USD 67.2bn) and the highest YTD volume since 2000 (USD 189.7bn).
The deals highlighted in the report are Time Warner Cable’s acquisition by Charter Communications Inc and Verizon Communications stake in Verizon Wireless.