Communications, media and technology report: the search for growth

The world has experienced a period of profound economic dislocation since the bankruptcy of Lehman Brothers in September 2008. Economic activity fell sharply and confidence collapsed in developed economies as the credit crisis unfurled. In sharp contrast, economic growth accelerated over this period in many developing economies led by the rising economic powerhouses of China and India. The technology, media and telecoms sectors were not immune from these developments and some companies in these sectors were badly affected.

Two years on from Lehman Brothers' bankruptcy, we wanted to understand what the growth prospects are for the technology, media and telecoms sectors and how that growth will be achieved. In particular, we were interested to know to what extent growth would be achieved through investment in new markets and through mergers and acquisitions.