Today’s FT article by Vittorio Colao, CEO of Vodafone, highlights the importance of regulation for all the players in the on-line ecosystem – those building the pipes and plumbing of network infrastructure, those creating compelling content and services and those who provide search, aggregation or other services. His central thesis is that both regulators and market players should …
Today saw the launch of the sixth Olswang Convergence Survey: ‘Does it add up’. I may now be able to see rather more of the authors, John Enser and Matt Phillips, as its preparation has consumed their every waking hour over the last few months. They carried out the first Convergence Survey back in 2005. Not …
It is a sign of the changing times that I learnt about LinkedIn’s IPO through twitter last night, and that LinkedIn itself blogged about it. Seasoned IPO watchers will be aware that process has been started with the filing of their S-1 Registration Statement at the US Securities and Exchange Commission. At this stage, details of …
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 …
I get a regular selection of recent corporate finance deal activity summaries in my email. Last week, I got one from Regent. Their view was that with the exception of a dip in August, valuation multiples in the European TMT sector have steadily edged upwards over the year, with: price / earning at 16 (as …
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, …