Deals
Telecom Industry Could See Biggest Merger Spree Since ’06
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Global telecommunications companies are chasing deals from Kansas to Munich in a quest for revenue growth that could lead to the biggest year for mergers in the industry since at least 2006.
More than $80 billion in telecommunications and cable transactions have been announced or completed this year as companies from Dish Network Corp. to Japan’s SoftBank Corp. to the U.K.’s Vodafone Group Plc prowl for acquisitions. If Verizon Communications Inc. forges ahead with a bid for Vodafone’s stake in Verizon Wireless, deal volume would more than double, approaching the level of seven years ago, data compiled by Bloomberg show.