Importance Any M&A deal implies investment, and any reasonable investor strives for maximizing the return on investment. That is why the ratio of the acquisition cost and the asset's investment value has been always an important aspect. Furthermore, the acquisition cost and investment value are key aspects for structuring any deal, and determining sources of finance. Objectives The research identifies financial and economic indicators, which buyers can rely on to choose the target company for M&A in telecommunications and assess its investment value and potential effects of joint operations. Methods The research analyzes financial and economic indicators of a deal in the U.S. telecommunications market. I substantiate presumed purposes of the deal, which further determine relevant guiding indicators. Results I found parameters, which described an operational business component in telecommunications. Illustrating a specific example, the article indicates the purpose of the deal and its participants' motivation, thus estimating possible effects of joint operations. Conclusions and Relevance Relying upon the indicators, investors can estimate probable effects of the deal. Stakeholders may monitor various parameters depending on the acquirer's goals. The outcome and methodology of the analysis may apply to various deals in telecommunications.
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