TELECOM • MEDIA • SATELLITE

Financial & Valuation Consulting

Summit Ridge Group is a leading financial and business valuation consulting boutique focused exclusively on the telecommunications, media, and satellite industries globally. Since 2008, clients have engaged us to provide objective perspectives on complex valuation-related matters involving high stakes transaction decisions, litigation support, or financial restructuring matters. Our projects are often related to hard-to-value businesses or the valuation of intangible assets such as wireless spectrum licenses or satellite orbital slot authorizations.

Our senior team members are highly qualified valuation professionals and widely recognized expert thought leaders in their communications sector niches. Summit Ridge Group's business model allows its senior professionals to spend more time researching and writing about the sector than their peers at larger firms with more overhead. As industry thought leaders, we are not afraid to advance well-supported compelling perspectives that deviate from current consensus thinking.

Summit Ridge Group professionals provide a range of client financial and valuation consulting services while maintaining our exclusive focus in the telecom, media, and satellite sectors.

Transaction Advisory and Opinions

Including due diligence support, pre-deal valuations, and fairness opinions.

Due Diligence

Expert due diligence support and appraisals helpful in the transaction planning and evaluation process.

Litigation Support and Restructuring

For matters requiring financial and valuation skills, as well as recognized industry experts.

Sector Experts

Practice areas include valuation-related disputes, forensic financial analysis, and restructuring advisory.

Valuation Advisory Services

Deep valuation experience for financial reporting, tax, and dispute resolution.

Valuation Experts

We have particular expertise in television broadcasting, wireless communication, (including spectrum/FCC licenses), and satellite communications.

Financial, Industry & Policy Advisory

For companies and investors seeking in-depth analysis of topics for making important decisions.

World-Class Skills

Assignments may include analysis of market trends, technology developments, industry margins, strategy, or some combination. We also execute communications sector policy advisory assignments including white papers and legislative outreach.

Transaction Advisory and Opinions

Including due diligence support, pre-deal valuations, and fairness opinions.

Due Diligence

Expert due diligence support and appraisals helpful in the transaction planning and evaluation process.

Litigation Support and Restructuring

For matters requiring financial and valuation skills, as well as recognized industry experts.

Sector Experts

Practice areas include valuation-related disputes, forensic financial analysis, and restructuring advisory.

Valuation Advisory Services

Deep valuation experience for financial reporting, tax, and dispute resolution.

Valuation Experts

We have particular expertise in television broadcasting, wireless communication, (including spectrum/FCC licenses), and satellite communications

Financial, Industry & Policy Advisory

For companies and investors seeking in-depth analysis of topics for making important decisions.

World-Class Skills

Assignments may include analysis of market trends, technology developments, industry margins, strategy, or some combination. We also execute communications sector policy advisory assignments including white papers and legislative outreach.

Our ability to combine highly credible industry insights with our financial and valuation-related skills differentiates the quality of service we can provide.

Summit Ridge Group brings independent perspectives that can withstand intense scrutiny to our clients' matters. We have the industry and functional expertise to rigorously assess our clients' situations and provide substantive insights, including value drivers and market dynamics, related to their matters. Summit Ridge Group operates as a single team, avoiding information silos and bringing the firm's full knowledge, diverse perspectives, and resources to every client project.

Our process involves senior-level experts, supported by well-trained junior members, sweating the details and digging deep into the critical issues and assumptions that others may leave unchallenged. Working together daily makes our team efficient while continuously maintaining focus on developments in the communications sector - telecom, media, and satellite. We provide, and our clients typically expect, more than just a numerical valuation conclusion or a yes/no answer. We seek to offer insights and potential solutions unavailable elsewhere to our clients' particular situations or challenges. We are designed to limit conflicts. We have no auditing or investment banking relationships and are free from the potential conflicts from those types of engagements. Moreover, our potential conflicts are naturally limited by the number of engagements a firm of our size can handle.

Blog Posts

Wireless Spectrum Investments Contribute to AT&T’s to Retreat from Media Aspirations

Discovery deal announcement[1] ends AT&T’s designs on a vertically integrated media and distribution empire. It unravels years of deal-making under the leadership of former CEO Randall Stephenson less than a year after his retirement. This deal ...
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Will the COVID-19 Pandemic Catalyze a Margin Opportunity for U.S. Wireless?

The three major U.S. wireless carriers have scheduled special events starting today (Wednesday, March 10, 2021) with Verizon and followed by T-Mobile tomorrow and AT&T Friday to inform and reassure the investor community of their strategies ...
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C-Band Auction Shows More Demand in Small Markets & Top-3 Industry Implications

The FCC’s largest-ever auction of wireless spectrum ended on Friday with 280 MHz of C-Band spectrum fetching a record-setting $80,916,832,754. Demand in Smaller Markets Suggest New Entrants Bidding for the Partial Economic Area (PEA) sized geographies ...
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Summit Ridge Group Managing Director E. Barlow Keener Appointed Co-Chair of FCBA Wireless Telecommunications Committee

NEW YORK (PRWEB) SEPTEMBER 30, 2020 Summit Ridge Group, LLC announced today that Managing Director E. Barlow Keener, JD, CIPP, has been appointed Co-chair of the Federal Communications Bar Association’s (“FCBA”) Wireless Telecommunications Committee for the 2020-2021 ...
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Q2 Broadcaster Review – Somewhat Worse than Expected

We all knew that the Second Quarter of 2020 was going to be bad financially for broadcasters.  And it was.  But a review of FQ22020[1] financial results filed with the SEC by publicly-traded radio and television ...
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FCC’s CBRS Bidders Reveal Indicates Broad Interest from New Entrants and Incumbents

The FCC’s CBRS auction results are in, showing an upswing of diverse interest in mid-band spectrum across industries and geographies. The national wireless operators Verizon and DISH dominated the auction, but cable and wireline telcos also ...
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