Telecom Technologies & Services Archives

FOCUS Telecom Business Services Quarterly: Fall 2022 Report

FOCUS Telecom Business Services Quarterly: Fall 2022 Report

October 14, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Telecom Business Services Index (TBSI) suffered a negative return for the second straight reporting period with a 4.1% decline. While disappointing, the sector still managed to outperform the 5.3% decline in the S&P 500 and stay even with the 4.1% drop in the NASDAQ. The situation is similar for the full year period. While the sub sector is down 16.1% over the past 12 months, it still outperformed the S&P 500 (down 16.8%) and the NASDAQ (down 26.8%). Sector multiples closed out the period at 0.8x revenue and 9.7x EBITDA. Both of these are lower than year-ago multiples of 1.0x revenue and 10.4x EBITDA.

FOCUS Carrier-Focused Telecom Technology Quarterly: Fall 2022 Report

FOCUS Carrier-Focused Telecom Technology Quarterly: Fall 2022 Report

September 28, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Carrier-Focused Telecom Technology Index (CFTTI) held steady over the past three months, neither gaining nor losing value.

FOCUS Enterprise-Focused Telecom Technology Quarterly: Summer 2022 Report

FOCUS Enterprise-Focused Telecom Technology Quarterly: Summer 2022 Report

August 29, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

Public Markets Continuing its downward slide, the FOCUS Enterprise-Focused Telecom ...

IO Integration Case Study

IO Integration Case Study

August 3, 2022|Case Studies, Downloads, Technology Services, Telecom Technologies & Services|

FOCUS advised IO Integration in this transaction. This case study highlights the unique process of this transaction.

FOCUS Telecom Business Services Quarterly: Summer 2022 Report

FOCUS Telecom Business Services Quarterly: Summer 2022 Report

July 18, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Communications Service Provider Index (CSPI) dropped 12.8% in the past three months. This is the fourth straight period (a full year) where the sector suffered a negative return. Losses were broad based, with every sub sector in the CSPI in negative territory. The broader indices were also down this period with the S&P 500 and the NASDAQ falling 16.5% and 22.4%, respectively. Not surprisingly given this recent string of losses, the CSPI is deeply in negative territory for the full year period with a decline of slightly more than 31%. This decline is even larger than the substantial declines in the broader indices of 11.9% in the S&P 500 and 24.0% in the NASDAQ. Sector multiples are meaningfully lower than they were a year ago.The sector revenue multiple went from 3.1x to 2.5x, while the sector EBITDA multiple went from 8.7x to 7.1x.

FOCUS Telecom U.S. Communications Service Provider Quarterly: Summer 2022 Report

FOCUS Telecom U.S. Communications Service Provider Quarterly: Summer 2022 Report

July 18, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Communications Service Provider Index (CSPI) dropped 12.8% in the past three months.This is the fourth straight period (a full year) where the sector suffered a negative return. Losses were broad based, with every sub sector in the CSPI in negative territory. The broader indices were also down this period with the S&P 500 and the NASDAQ falling 16.5% and 22.4%, respectively. Not surprisingly given this recent string of losses, the CSPI is deeply in negative territory for the full year period with a decline of slightly more than 31%. This decline is even larger than the substantial declines in the broader indices of 11.9% in the S&P 500 and 24.0% in the NASDAQ. Sector multiples are meaningfully lower than they were a year ago.The sector revenue multiple went from 3.1x to 2.5x, while the sector EBITDA multiple went from 8.7x to 7.1x. DOWNLOAD TO READ MORE

FOCUS Carrier-Focused Telecom Technology Quarterly: Summer 2022

FOCUS Carrier-Focused Telecom Technology Quarterly: Summer 2022

June 20, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

The FOCUS Carrier-Focused Telecom Technology Index (CFTTI) did not escape from the overall market carnage and dropped 15.8% in our summer reporting period. This decline was steeper than the drop in both the S&P 500 (down 5.5%) and the NASDAQ (down 12.1%). This period’s declines were also enough to push the sector into negative territory for the full year. The CFTTI is now down 15.7% compared to this time last year, which once again compares unfavorably to the 1.7% drop in the S&P 500 and the 12.1% drop in the NASDAQ. Sector multiples continued to decline. The sector revenue multiple dropped from 2.6x a year ago to 2.1x currently, and the sector EBITDA multiple fell from 12.8x to 10.2x over the same time frame.

J. Lee Associates Case Study

J. Lee Associates Case Study

June 7, 2022|Case Studies, Downloads, Telecom Technologies & Services|

J. Lee Associates, Inc. (“J. Lee”), a provider of construction and site acquisition services to clients in the wireless industry, has been acquired by Thayer Infrastructure Services, LLC (“TIS”). FOCUS initiated this transaction and advised J. Lee throughout the process. This case study highlights the unique process of this transaction.

FOCUS Investment Banking Represents J. Lee Associates in its Acquisition by Thayer Infrastructure Services

FOCUS Investment Banking Represents J. Lee Associates in its Acquisition by Thayer Infrastructure Services

June 6, 2022|Deals, Mergers & Acquisitions News, Mergers, Acquisitions & Divestitures, Telecom Technologies & Services|

FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that J. Lee Associates, Inc. (“J. Lee”), a provider of construction and site acquisition services to clients in the wireless industry, has been acquired by Thayer Infrastructure Services, LLC (“TIS”).

FOCUS Enterprise-Focused Telecom Technology Quarterly – Spring 2022

FOCUS Enterprise-Focused Telecom Technology Quarterly – Spring 2022

May 25, 2022|Downloads, Industry Reports, Telecom Technologies & Services|

Public Markets

The FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) continued its downward slide with a loss of 8.4% in the past three months. This performance was essentially in-line with the 8.5% loss in the S&P 500 but better than the 13.4% drop in the NASDAQ over the corresponding time period. The EFTTI is also in negative territory for the full year with a decline of 6.4%. This underperformed the 1.2% dip in the S&P 500 but outperformed the NASDAQ’s 11.7% decline. Compared to this time last year, the sector revenue multiple dropped from 6.3x to 5.4x.The sector EBITDA multiple also declined, but at a much more modest rate as it went from 24.0x a year ago to 21.8x currently.