The industry's bad name is largely the result of intense competition and high capital expenditure requirements putting pressure on share price performance. However, 2021 sparked a renewed interest in the sector, largely in the form of private-equity driven leveraged buyouts (LBOs) and take-privates (the acquisition of a listed company by a special purpose vehicle) by founding owners.
In this discussion, we assesses the four key drivers of this increased interest, the potential revival of telecommunications investments and the implications for credit investors.
CATEGORIES:
Asset Classes:
Debt / Credit / Fixed Income
