Macquarie Sees Number of Large Deals in US Telecom Sector on the Horizon
Macquarie analysts Kevin Smithen, Ben Schachter and Amy Yong expect a "wave" of large M&A pacts in the U.S. telecom sector, naming a plethora of companies they recommend as potential deal-makers:
- DISH Network (NASDAQ: DISH);
- T-Mobile (NYSE: TMUS);
- Time Warner Cable (NYSE: TWC);
- America Movil (NYSE: AMX);
- Koninklijke (NYSE: PHG);
- Vodafone (NASDAQ: VOD);
- Kabel Deutschland;
- Shaw Communications (NYSE: SJR);
- Liberty Media (NASDAQ: LMCA), and
Leap Wireless (NASDAQ: LEAP) was upgraded to Neutral at Macquarie on increased likelihood of a Dish or T-Mobile deal.
The telecom group is one of the only sectors trading in positive territory Wednesday morning.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.