<$A$> How Much is a Local Telecommunications Service Provider Worth?
(small price to pay to "blow away the smoke" and know what we are really worth <g>)
PHOENIX--
Group IV Report Blows Away the Smoke, Revealing
Measurement Factors and Values for Facilities-based
and Resale Providers of Local Telephone Services
Secrets to valuing local telecommunications companies are revealed in the updated version of the acclaimed report, "The Telecom Service Provider: How Much is It Worth?" published by Group IV Inc., a telecommunications consulting and publishing firm.
After praise from the telecom and financial industries for its first edition of this one-of-a-kind report, Group IV has updated and expanded the report to include valuation factors for local telephone companies as well as nine other industry segments.
"AT&T's planned $11.3 billion merger with TCG, which follows the company's earlier announcement that it would scale back its local marketing effort because of the Bells' inability to keep up with its orders, is a clear indicator of the value that local service competitors are building as they battle the regional Bell companies," said Casey Freymuth, president of Group IV Inc.
"The high values associated with larger transactions like the AT&T-TCG merger should reinforce the efforts of those smaller players that are toughing it out in these early days of local service competition. Those service providers that have deployed local services, through resale or facilities, can expect to sell for greater values than stand-alone providers of other telecom services."
In addition to local service providers, the Group IV report covers valuation of long distance, international, cellular, paging, PCS, prepaid calling card, wholesale, Internet and cable television service providers.
The report provides insight into the common and not-so-common factors used to value telecommunications companies, including differences among the industry segments and between facilities-based and resale providers. It also includes a ranking of important factors when determining the value of companies, tips to increase the value of a company and predictions for the telecom industry's future and how it will affect the value of telecommunications companies and their customers.
"With no clear answers readily available in the marketplace, Group IV spent hundreds of hours researching acquisition trends to get behind the 'smoke and mirrors' and misinformation about valuing a telecom company," Freymuth said.
"In February 1996, when we published the information on valuing companies in core telecom segments, the telecom and financial communities were quick to offer their endorsements. However, they soon came back to us seeking information on up-and-coming telecom segments, such as PCS and Internet, as well as post-Telecom Act valuation trends. What we found were that there have been dramatic changes in values for companies in most segments and that the addition of other services is already boosting company values significantly."
The report was created from analyses of 10K filings, company press releases and investment portfolios, analysts' studies as well as surveys of top brokers, attorneys and acquisition specialists in each of the telecommunications segments covered.
"The Telecom Service Provider: How Much is it Worth?" is affordably priced at $995 postage paid. For more information or to order, contact Group IV at 12405 S. 44th St., Phoenix, AZ 85044, 602/867-6793, fax: 602/893-0269.
Group IV Inc. is a Phoenix-based consulting, research and publishing firm specializing in strategic and operational matters for global telecommunications and utility companies. Group IV is recognized for its expertise in bottom-line issues, new service development, customer retention, relationship development and market research. Its client list includes resellers and facilities-based providers of local, long distance, international and wireless telephone services as well as infrastructure development firms.
|
