As corporates digitalize, their technology transformation is opening the door for opportunities in B2B telecoms. While sector valuations are high, they nonetheless reflect strong growth profiles and the recurring revenues on offer in the market. In this paper, we look at the trends shaping B2B telecoms and driving consolidation in the sector. We explore how new communications technologies are challenging incumbent operators and creating opportunities for smaller players. And we look at the valuations and M&A drivers in the sector.

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