Telecom mergers may reach highest levels in 7 years

06/19/2013 | Bloomberg

A spate of pricey telecom mergers this year could herald the most aggressive deal market in the sector since 2006, analysts say, pointing to the more than $80 billion in telecom and cable deals that have already been completed or announced in 2013. Analysts say acquisitions are becoming a popular strategy due to the need for scale to build more powerful networks and the slowing demand for wireless and broadband services.

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