Summary:
The communications & media sector was one of the fastest growing areas of the Russian economy in 2010 and Q1 2011, with IT and hardware spending quickly rebounding after a sharp decline in 2009. Communications & media is also one of the most innovative sectors in the economy, quickly developing and adopting the latest global technologies, which continue to converge.
Through the first quarter of 2011, the M&A landscape of the sector was dominated by the geographic expansion of telecom operators, the convergence of broadband and mobile, and heightened interest in online media.
While 2010 was a year of recovery for the Russian M&A market as a whole, the M&A value in the communications & media sector increased by 222% in 2010 compared to 2009, to a total of $33.5 billion, and amounted to $2.4 billion in Q1 2011.
Representing less than 4% of the total value of M&A transactions worldwide, the Russian M&A market has significant potential to grow.
