Mergers and acquisitions: what's the magic number?

01 February 2013 | Richard Irving


With mega mergers seemingly off the table, competition regulators could have a trick up their sleeve and there are plenty of conjurors poised to weave some magic.

 


In the end, the mergers and acquisitions outlook could all boil down to a simple numbers game.

In cash-strapped Europe, all eyes are on the competition authorities and how they will rethink the 'magic number' of competitors they insist upon championing in small and often crowded local markets after approving Hutchison Whampoa's €1.3 billion purchase of Orange Austria.

In the US, meanwhile, the emphasis is on the number two - and specifically whether Verizon, the US's second largest phone operator by stock market value, might look to capitalise on a woeful year at Vodafone to finally unravel their complicated wireless joint venture with an audacious move on the UK giant.

And in Asia, the spotlight shines on Masayoshi Son, the so-called "Bill Gates of Japan", and his now not-so-risible ambitions to build Softbank into the world's number one phone operator.

But it is, of course, another set of numbers...



Related stories

  • Midweek Mergers: April 16

    Capacity brings you the latest mergers and acquisitions in the wholesale arena. If you have any deals you'd like us to share, please tweet us @capacitymag or email editorial@capacitymedia.com.

  • Midweek Mergers: April 9

    Capacity brings you the latest mergers and acquisitions in the wholesale arena. If you have any deals you'd like us to share, please tweet us @capacitymag or email editorial@capacitymedia.com.

  • Midweek Mergers: April 2

    Capacity brings you the latest mergers and acquisitions in the wholesale arena. If you have any deals you'd like us to share, please tweet us @capacitymag or email editorial@capacitymedia.com.

  • Midweek Mergers: March 26

    Capacity brings you the latest mergers and acquisitions in the wholesale arena. If you have any deals you'd like us to share, please tweet us @capacitymag or email editorial@capacitymedia.com.

  • Midweek Mergers: March 19

    Capacity brings you the latest mergers and acquisitions in the wholesale arena. If you have any deals you'd like us to share, please tweet us @capacitymag or email editorial@capacitymedia.com.

  • Midweek Mergers: March 5

    Capacity brings you the latest mergers and acquisitions in the wholesale arena. If you have any deals you'd like us to share, please tweet us @capacitymag or email editorial@capacitymedia.com.


Poll

What will be the most important network technology breakthrough of 2014?