Operators offering both fixed and mobile services have started to bundle and cross-sell parallel services through fixed-mobile convergence (FMC) offers, thereby putting pressure on standalone operators. This has led to a wave of consolidation across Europe in order to preserve revenue and realise cost-related synergies.
This report analyses mergers and acquisitions (M&A) between predominantly mobile telecoms operators and predominantly fixed telecoms operators in Europe.
It is based on several sources:
- internal research, public announcements, press releases, annual reports and financial statements from operators
- briefings and interviews with key stakeholders working in operator strategy teams.
Key questions answered in this report
- What is the rationale behind M&A between predominantly fixed and predominantly mobile operators?
- What are the main cost and revenue synergy expectations that operators have after fixed-mobile M&A?
- How have operators marketed their consumer propositions after M&A?
- How has performance been affected by M&A?
- BT/EE (UK)
- VodafoneZiggo (Netherlands)
- Deutsche Telekom/Liberty Global (Austria)
- Tele2/Com Hem (Sweden)
- Vodafone/Liberty Global (Czech Republic, Germany, Hungary and Romania)
Who Should Read this Report
- This report will be of interest to anyone involved in strategy initiatives within an operator (for example, strategy teams and new business teams).
- It will also be of interest to regulators and industry bodies that are interested in how fixed-mobile M&A can affect markets.