Summit Ridge Group, the leading financial and business valuation consulting boutique focused solely on the telecommunications, media, and satellite industries, announced today that the firm and its teaming partners JP Morgan Chase & Co. (“JP Morgan”) and Lerman Senter PLLC (“Lerman Senter,” and collectively, “Team Summit Ridge”) have been selected by the Federal Communication Commissions (FCC)…
Executive Summary The significant growth in the satellite industry and increased demand for satellite services have driven rival satellite operators to request authorization to deploy more satellites. Since 2017, the U.S. Federal Communications Commission (“FCC”) has granted licenses for the deployment of more than 17,000+ Low Earth Orbit (“LEO”) satellites. Summit Ridge Group’s analysis shows…
Executive Summary [FULL NOTES HERE] This year’s World Satellite Business Week Summit highlighted the dynamics of the industry. A few notable trends. The financing market is tougher, especially for companies with less proven business plans. Many of the companies funded in the SPAC bubble may not make it. Europe and the European Space Agency (ESA)…
<<Full Notes (14 pages)>> Executive Summary The 2023 Hogan Lovells Winnik Forum focused on Open RAN (“O-RAN”). The major elements of the March 24th event were 1) Two policy keynote speakers – Anne Neuberger, Deputy National Security Advisor, and Senator Mark Warner; 2) Two panel discussions – An operator panel and a technical panel; and…
<<Link to Full Notes (76 pages)>> Executive Summary SatNews’ 2023 SmallSat Symposium was the largest ever, with 901 in-person attendees. However, the mood was somewhat subdued. The realization that financing will be tighter, and an inevitable winnowing of competitors is starting to sink in. Ambitious early-stage companies with significant funding needs before breakeven will likely…
Pacific Telecommunications Counsil Conference 2023 – Unofficial Notes (Full Version – 44 pages) Here EXECUTIVE SUMMARY One veteran consultant declared, “The PTC conference is the Davos of the telecom sector! Attendees have lots of honest unplanned conversations about a range of topics.” While that may be a slightly generous take, the PTC conference always…
<<Full Notes (52 pages) Here>> Executive Summary of Euroconsult’s 2022 Conference held in Paris September 12th-14th, 2022 This year’s World Satellite Business Week Summit was the first “normal” satellite industry event since the COVID-19 outbreak. Pent-up demand for in-person events was evident by the full capacity attendance that required Euroconsult, for the first time, to…
Yesterday, Armand Musey and I hosted a webinar on behalf of the NY Chapter of the FCBA, which featured Justin Faulb and Callie Coker of the FCC’s Wireline Competition Bureau presenting an overview of the Secure and Trusted Communications Networks Reimbursement Program. It covered a lot of familiar ground that you may have heard in…
Robin Flynn joins as Advisor & Media Sector Consultant, Rebecca Hanson as Advisor & Regulatory Consultant, Whitney Q. Lohmeyer, Ph.D. as Advisor & Engineering Consultant NEW YORK, AUGUST 18, 2021 Summit Ridge Group, LLC, a leading provider of valuation and related financial advisory services in the communications sector, today announced three key appointments to its…
Last week, the FCC released its final filing procedures for telecom providers seeking reimbursement through the FCC’s $1.895 billion Secure and Trusted Communications Networks Reimbursement Program, informally called “Rip and Replace” within the industry. See the FCC’s PN here: https://www.fcc.gov/document/fcc-announces-final-supply-chain-reimbursement-program-procedures. This is the program through which Congress will pay for the removal and replacement of…
