Curwen, Peter and Whalley, Jason (2016) The tangled web of mobile telecommunication mergers: Hutchison Whampoa, Telefónica and BT. info, 18 (2). pp. 17-37. ISSN 1463-6697
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Abstract
Purpose – This paper aims to demonstrate how consolidation within Europe’s mobile telecommunication markets requires willing buyers and sellers.
Design/methodology/approach – After highlighting the resurgence in merger and acquisition (M & A) activity in mobile telecommunications, the paper draws on a variety of secondary sources to analyse the strategies of three companies.
Findings – The paper highlights the interwoven nature of the strategies of three companies: BT, Hutchison Whampoa and Telefónica. BT has returned to the mobile telecommunications market in the UK, with the company it did not acquire being purchased by Hutchison. As Hutchison implements a “double or quits” strategy in Europe, it has acquired operations from Telefónica, which, in turn, has exited most of its non-Spanish European operations to focus on Latin America.
Research limitations/implications – The paper relies on secondary data and thus highlights the challenges of doing so and the need for more information regarding M & As to be in the public domain.
Practical implications – There is a need to adopt a sector-wide or regional approach for analysing the strategies of telecommunication companies.
Originality/value – The paper uniquely provides an overview of three corporate strategies to show how they interact with one another.
Item Type: | Article |
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Uncontrolled Keywords: | Europe, Consolidation, Mergers and Acquisition |
Subjects: | N100 Business studies P900 Others in Mass Communications and Documentation |
Department: | Faculties > Business and Law > Newcastle Business School |
Depositing User: | Becky Skoyles |
Date Deposited: | 16 Mar 2016 14:07 |
Last Modified: | 31 Jul 2021 21:32 |
URI: | http://nrl.northumbria.ac.uk/id/eprint/26367 |
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