Push-pull factors driving deals for telco assets amid global boom
Sellers looking for cash while buyers hunting for yield; communications business running hot as pandemic sparks surge in online activities
Singapore
SINGTEL'S recent announcement that it intends to unlock the value of its infrastructure asset portfolio comes amid a booming market for telecommunications assets around the world.
Data compiled by Dealogic showed 629 telecom-targeted mergers and acquisitions (M&A) deals announced last year, up from 607 in 2019.
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