Vertical integration the industrial logic for M&A: Vivendi / SFR and Comcast / NBC Universal

My eye was caught last night by a story in the Financial Times this morning reporting analyst speculation that in the wake of the approvals of the US Federal Communications Commission and Department of Justice for the purchase of 51% of NBC Universal by Comcast, which in turn enabled Vivendi to complete its exit from NBC Universal, that Vivendi would make an offer …

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Financial technology, cloud, mobile data and social networking will drive deals and valuation multiples in technology sector

As a new blogger, site statistics are a source of endless fascination.  They are however useful – my post on TMT valuation multiples seems to have been wildly popular, so I thought it worthwhile to trawl through some other reports to see what commentators were predicting. PwC‘s technology insight presentation caught my eye.  It is …

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Cambridge Wireless Mobile Broadband Special Interest Group meeting 20 January 2011

Whilst it is very tempting to blog about the new government’s reconsideration of the Bribery Act announced yesterday (and if you are not aware of this, you probably should be), my blogging guru tells me it is important to keep focussed on the main event, so its back to a lawyer’s take on technology and telecoms. Some of …

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Ofcom opens investigation into sharp practices in the international calling card market

Have you ever used an international calling card? If you have, perhaps it was at a time when you didn’t have a fixed address, or were feeling the pinch? You probably saw the adverts that promised you cheap international calling and thought that they would be a great way to stay in touch with friends …

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UK seeks views on principles of economic regulation

On 7 January the UK’s Department for Business, Innovation and Skills published a ‘call for evidence’ relating to principles of economic regulation.  As those who have read my earlier post will know, in industries where network effects (or various economies such as scale) are present (such as telecoms) it is unlikely that an unregulated market will deliver the best …

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Uncertainty for UK spectrum auctions as refarming permitted

Ofcom permits 2G spectrum refarming Ofcom yesterday varied the spectrum licences of the UK’s three 2G spectrum licensees (EverythingEverywhere (JV between Orange and T-Mobile), Vodafone and O2) to permit them to use those frequencies for 3G services (mobile broadband) as well as 2G services (such as voice and SMS).  For more detail see the Olswang update (thanks to Telecommentator). Uncertainty about digital …

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And the killer application for 2011 is …

I’m very excited to have had my first re-tweet, so today’s post develops the thought further. The retweet was of an economist article which, in contrast to the emerging consensus that traditional telephone calls are dead quotes a recent Ofcom international research report as evidence that whilst fixed line volumes are declining across the world, …

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Broadband aid (do they know it’s Christmas)

Re-reading yesterday’s post, I hope it wasn’t too close to a law firm client update – that is not being the point of this blog. I thought I’d try to redress the balance today, and as I drove from London to Exmoor for Christmas, with the snow by the side of the road steadily increasing, …

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(Digital and mobile) money, money, money

Trying to write an interesting blog about the intersection of law, policy and regulation with telecoms and technology is somewhat challenging.   Three posts in and I seem to be relying on references to popular culture to pep things up – this time 1970s disco. The use of stored value in the form of money is the cornerstone of …

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Key telecoms regulatory issues for 2011 (do too many connectives watch star trek?)

With my first post done, I thought it best to try and provide a little substantive content.  Two years ago, I spent some time interviewing various CEOs, strategy and regulatory directors in various international communications companies to get their thoughts on the big issues that were coming up.  With the end of the year approaching …

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