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Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Kirill Tselkovskiy
Valuation of the Effectiveness of M&A Deals in Telecommunication Industry
Economics
(Bachelor’s programme)
8
2017
This paper is the first study on the valuation of the effectiveness of M&A deals in one of the youngest sectors of telecom - tower companies.

Author examined main approaches of valuation of the effectiveness of M&A deals and, regarding industry specific, the most appropriate one was figured out. Author considered the following approach: comparisom of internal rate of return in case of organic growth and in case of M&A deal.

Thus, this paper is to become a guide for potential investors in tower industry: covering both industry specific and operational metrics, which investror should always take into consideration. The final result of the work is financial model, which is to be used in case of organic growth as well as in the inorganic.

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