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Telecom

Wireline

Summit Ridge Group has deep expertise in the wireless and wireline telecommunications sector. We are frequently asked to perform complex valuation assignments in the sector.  Our analysis is used for transaction support, including due diligence and fairness opinions, as well as litigation support. We have a particular focus on wireless spectrum/FCC licenses and related valuation issues, including several projects related to the recent auctions including the television Broadcast Incentive Auction (FCC Auction No. 1000), C-band auction (FCC Auction No. 107), mmWave auctions (FCC Auction Nos. 101, 102, and 103), CBRS auction (FCC Auction No. 105), and others. Summit Ridge Group has worked on telecom projects in most major areas of the world.

Our Policy Expertise Informs Our Valuation Analysis

The telecom sector is heavily regulated. Consequently, the value of telecom assets is often impacted by the direction various government policies might take. Summit Ridge Group has been deeply involved in telecom policy analysis and is well prepared to evaluate how current or future policy direction might impact value. Summit Ridge Group founder and president, J. Armand Musey is the author of several law journal articles on telecommunications topics and the highly regarded industry reference guide.  As a testament to our policy expertise, Summit Ridge Group is regularly commissioned to write white papers on policy issues and was engaged by the U.S. Department of Justice, Anti-Trust Division to provide expert financial and industry support for their review of the proposed T-Mobile/Sprint merger.

Summit Ridge Group professionals regularly speak at major telecommunications industry events and are cited as experts in telecom finance topics by industry publications. We understand recent industry developments including the convergence of terrestrial cable operators and mobile operators in the 5G environment.

Areas of focus for our services in the telecom sector include:

  • Wireless
    • Major mobile carriers as well as smaller operators and WISPs
  • Wireline
    • Including backbone and last-mile service providers, and data centers
  • Wireless Spectrum/FCC licenses
    • Valuation experience in a wide range of frequency bands including VHF, UHF, 600 MHz, 700 MHz, 800 MHz, 900 MHz, L-band, S-band, 2.5 GHz (EBS/BRS), CBRS, C-band, mmWave and many others
    • Pre-auction and auction support

A partial list of telecom clients we have worked with is available on our Clients Page.