Total Telecom – 2 M&A in 2018 – T-Mobile and Sprint merger is just the beginning
“The European market is long overdue for consolidation. As Europe continues to take its cues from the US, this might lead regulators to recognise the opportunity these mergers present to the market and approve consolidation in the EU,” said Bengt Nordstrom, CEO of Northstream.
Whether or not the European Commission relaxes its rules on consolidation, Kroukos is adamant that 2018 will see a flurry of M&A activity in the telecoms market space.
“You are also going to see convergence and blurring of lines between telcos and media companies. We are already seeing that as consumers choose different ways to consume their media.
I think it’s going to be a very active year for telecoms and the entire TMT (technology, media and telecoms) space,” he said.