The Study Of Telecommunication Operator's Merge&Acquisition

With the economic globalization, the trans-corporation expands the strength and tackles the global competition through M&A on a large scale, there is much takeover of the telecommunication carriers, merge the scale and involve the fund enormously, so the M&A of the carriers always arouses the attention from people. These, such as SBC, AT&T, Vodafone, BT etc. run M&A in constant in the global range in the past two years.In China, a new round of carrier's merger and acquisition had been start up in 2005. First of all, China Mobile bought the Pakistani telecommunication share at competitive price, though the actions fail finally, but it has already demonstrated that the carriers of our country marches into the international market. We find out from this case that our level remains to improve too.All sorts of signs are explained, it is after market going through the vibrations that brings and convalescence of license of 3G, will raise the M&A tide of new round on international telecommunication market, and our carriers will heavy range participate in among them. Carriers will temper the team and promote ability and accelerate one's own expanding to overseas. We can predict with the aid of among enterprise, transnational among enterprise merger and the capital purchase, our carriers will take the substantive .step on the internationalized road.In the international competition in the future, the important ability is operate capital in taking M&A, it will become the key factor influencing our carriers implement the 'Go-Out' policy. Whether it is apt to merge the means and implement, the risk of merging the course can be controlled effectively, will not merely influence the result that telecommunication enterprises of our country expand to overseas, such as operating improperly, normal running and continuation of enterprise's international competitiveness...