Telecom & Infrastructure · 2024

A fibre carve-out that unlocked a 2.4x valuation

Sell-side readiness and vendor diligence for the separation of a 38,000 km fibre network.

The client's fibre assets were undervalued inside a consumer telecom business.

What we did

We built a standalone operating model, vendor diligence pack and transition services agreement, then ran a competitive process with five infrastructure funds.

The result

The carve-out closed at 2.4x the implied value inside the group, in eleven months.

Next case

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Cash, margin and footprint programme for an exporter facing a liquidity squeeze.