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ARTICLE · 01 FEBRUARY 2019

The Impact Of 5G Technology On M&A

Global M&A activity in the technology, media and telecommunications industry reached an all-time high of 3,389 deals in 2018.

CanadaCorporate/Commercial Law

Global M&A activity in the technology, media and telecommunications industry reached an all-time high of 3,389 deals in 2018. The year was marked by several of the largest merger valuations in history, even though 70% of deals were for less than $100 million, demonstrating that much of the M&A activity was driven by smaller companies. This M&A activity is expected to remain strong and could increase even further in 2019 as the entire industry is set to be impacted by the implementation of 5G wireless technology. 5G – or fifth-generation – network technology is the newest iteration of mobile wireless technology, with speeds up to 200 times faster than current networks. These exponentially faster speeds are expected to drive significant consolidation and capital expenditures as market actors both large and small jockey for position in a drastically new environment. Verizon and AT&T's expenditures on their 5G networks alone will amount to $35 billion and $40

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