The UK & European Telecoms, Media & Technology sector is about to undergo another wave of Mergers and Acquisitions (M&A) – driven partly by the need to scale (to take on the FAANGs), partly by Covid and also partly stimulated by a ‘trigger’ transaction, like the Virgin Media and O2 deal.

M&A deals will be harder than ever to execute successfully due to the impending global fifinancial downturn, Covid-driven headwinds (e.g. remote working), and the sheer amount of change already happening in the industry – 5G and FTTP in Telecoms and the ongoing shift to digital in every Telecoms, Media and Technology company.