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Technology, Media & Telecommunications M&A News

By Kim Levin | Mar 06, 2015

technology, media & telecommunicationsM&A activity for North American based target companies in Technology, Media & Telecommunications (TMT) sector for Q4 2014 included 100 closed deals according to data published by industry data tracker FactSet, with an average enterprise value of $212 million. Among the three subsectors the most activity continues to be in the telecommunication space as the highly competitive mobile market drives consolidation.

In addition, smaller deals by companies looking to gain technology, media & telecommunications market share have boosted the deal environment.

Total US revenue for wireless telecommunications carriers, except satellite, rose 4.4 percent in the third quarter of 2014 compared to the previous year. US paging, cellular, and wireless telecommunications is forecast to grow at an annual compounded rate of 7 percent over the next three years.

Posted by Arun Batavia.

Read the Entire Technology, Media and Telecom 1st Quarter Newsletter Here


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