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Download the FOCUS Telecom Business Services Quarterly: Spring 2016 Report

Telecom_Business_Services

In public markets, the FOCUS Telecom Business Services Index (TBSI) held up extremely well in our spring reporting period despite some choppiness in the overall market. The TBSI was up 5.7% for the three-month period, far exceeding the 0.8% gain in the S&P 500 and the 2.7% drop in the NASDAQ. The TBSI also has… Read more »

Download the FOCUS Carrier-Focused Telecom Technology Quarterly: Spring 2016 Report

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In public markets, the FOCUS Carrier-Focused Telecom Technology Index (CFTTI) had a rough go of it over the past three months. The CFTTI dropped 8.2% over this time frame with every single sub sector in negative territory for the period. The only consolation was that the CFTTI’s performance was only somewhat worse than the 7.1%… Read more »

Download the FOCUS Enterprise-Focused Telecom Technology Quarterly: Winter 2016 Report

Enterprise_Focused_Telecom_Technology

In public markets, the FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) fell off the proverbial cliff this period with a whopping three-month loss of 15.3%. This drop was significantly more than both the 6.7% loss in the S&P 500 and the 8.7% loss in the NASDAQ over the corresponding time period. Losses were broad-based, with every… Read more »

Download the FOCUS U.S. Communications Service Provider Quarterly: Winter 2016 Report

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After facing difficulties in our fall report, the FOCUS Communications Service Provider Index (CSPI) rebounded for our winter reporting period. The CSPI posted a gain of 4.2% for the three-month period. While this gain was certainly respectable, the CSPI still lagged both the 6.5% gain in the S&P 500 and the even larger gain of… Read more »

Download the FOCUS Telecom Business Services Quarterly: Winter 2016 Report

Telecom_Business_Services

In public markets, while the FOCUS Telecom Business Services Index (TBSI) managed to get back to a positive return for our winter reporting period, it did so by a relatively slim margin. The TBSI gained only 0.5% over the past three months. This significantly trailed both the 6.5% gain in the S&P 500 and the 8.4% gain in the NASDAQ over the same time frame. The TBSI had a mixed performance compared to the broader indices for the full year of 2015. The TBSI’s 2.1% gain for the year compared favorably to the 0.7% drop in the S&P 500 but lagged the 5.7% gain in the NASDAQ…

While not quite as strong as our fall reporting period, the final three months of 2015 were still an active time for M&A with 38 total transactions. Once again, we failed to see a signature large transaction in the period, and total announced transaction dollar volume for the past three months was only $144 million. For the full year, the 155 announced transactions in 2015 made this the most active year for M&A in any of the last five.

Download the Government, Aerospace and Defense Group’s Winter 2016 Report

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The latest issue of the FOCUS Government, Aerospace, and Defense Group Report — highlighting aerospace and defense — is now available. The new GAD Report includes: Major Q4 2015 Deals in the GAD Sector Performance: S&P 500 vs. GAD Government Sector Q2 2015 Performance: S&P 500 vs. GAD (01/02/15 – 12/31/2015) M&A Activity in the… Read more »

Download the FOCUS Healthcare and Life Sciences Report: Winter 2016

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Global Healthcare M&A was very robust in 2015 with $725 billion in transaction value (up 66 percent from 2014) driven by mega deals in pharma and insurance. The middle market was strong as well, with heavy activity in healthcare IT and the consolidation of provider prac- tices into integrated healthcare provider organizations. These acquisitions have… Read more »

Download the FOCUS Carrier-Focused Telecom Technology Quarterly: Winter 2016 Report

Carrier_Focused_Telecom_Technology

In public markets it was a solid three-month period for the FOCUS Carrier-Focused Telecom Technology Index (CFTTI) with returns coming in on par with the broader indices. The CFTTI gained 6.1% this three-month period, slightly higher than the 5.5% gain in the S&P 500 but slightly lower than the 7.0% gain in the NASDAQ. Gains… Read more »

Download the FOCUS Enterprise-Focused Telecom Technology Quarterly: Fall 2015 Report

Enterprise_Focused_Telecom_Technology

  The FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) dropped 3.0% in our fall reporting period, which underperformed both the 1.2% drop in the S&P 500 and the 1.5% drop in the NASDAQ. This was the second straight reporting period where the EFTTI underperformed the broader indices. On the bright side, the EFTTI continues to maintain… Read more »

Download the FOCUS U.S. Communications Service Provider Quarterly: Fall 2015 Report

Communications_Service_Providers

After a modest gain in our summer report, the FOCUS Communications Service Provider Index (CSPI) swooned along with the broader market in this most recent three- month period. The CSPI dropped 6.7% in the last three months, putting it roughly on par with the S&P 500 (which dropped 6.9%) and slightly ahead of the NASDAQ… Read more »