Towers, Fiber Networks and Data Centers
Mobile Broadband, Home Broadband, Enterprises
Media, Internet Applications and Solutions
Financial and Strategic Investors
Due Diligence and Investment Advisory
Capitel conducted the commercial due diligence for a $1.5bn tower transaction in India for a portfolio of 20,000+ cell sites. This included estimation of portfolio and tenant overlaps using proximity analysis and tower Lat-Long database. The due diligence also included MSA and contractual review, benchmarking of operational KPIs, and a view on industry structure and pricing after 2022.
Capitel advised a home broadband service provider in technology selection based on required end user throughput (Mbps), monthly pricing and topology. This involved evaluation of multiple technology options such as FTTx, DOCSIS 3.0 and DOCSIS 3.1, xDSL and LTE FWA on the parameters of unit economics, committed and realized throughputs to identify the best technology option for delivery of 10Mbps+ to households in a flatbed topology in Tier 2 markets.
Capitel conducted the technical due diligence for a mesh WiFi service provider using the unlicensed bands of 2.4GHz and 5.8GHz to provide home broadband services in flatbed and MDU areas. The due diligence included on-site speed tests and network modeling to identify the realized speeds using different antenna configurations in various topologies.
Capitel is advising a service provider for selection of cities to deploy its FTTx network in India, with a focus on B2B segments. This includes geo-mapping of entities on fiber route KMz, assessment of on-net, near-net and off-net opportunities and associated Capex. Finally, the mapping and operational plan is converted into a financial plan to achieve the threshold IRR.
Capitel developed the wireless Capex deployment strategy for a multi-national mobile operator including spectrum planning, network site selection, inter-city and intra-city fiber routes and other Capex components. This included development of technology mix (3G, LTE, WiFi) by spectrum bands (900MHz, 1800MHz, 2100MHz and 2300/2500MHz) to achieve the lowest cost per MB in the network.
Capitel advised a south Asia based regulatory authority on structuring the 800MHz auction, including estimation of reserve price, structuring of lots and timing of auction for other bands. This included modeling the spectrum requirement for each of the mobile operators in the market, understanding their technology preference, and the need for data coverage and capacity.
Scaling Multi-Market B2B Tower and Fiber Businesses
Non-linear linkage of tenancies with EBITDA in a portfolio optimization situation