We started the week with the question of consolidation targets in the US, and now it’s time for the other side of the coin. What network operators are most likely to be consolidators of US network assets in 2025? We’ll take it as a given that ‘infrastructure funds’ would top the more general list of likely buyers, of course, but let’s focus on the existing network operators looking to expand inorganically in the US. Last year the perennial favorite Zayo topped the list with Lightpath and T-Mobile tied for second.
I’ll follow up next week with my own thoughts on both sides of the M&A coin.
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