Current Operations

Leasing space for

1. Wireless Service
Providers
2. Radio & TV
broadcasters
3. Wireless data
providers
4. Government agencies

Expansion Plans
1. Customized co-location
services.
2. Managed rooftops &
services
3. Increased speed of
network deployment.

US TELCO

Growth Avenues
1. Growth by venturing into
newer technologies like 4G,
Internet of Things.
2. Consolidation and
expansion of capabilities in
foreign markets.

Possible
Growth
Avenues

Targets
identified

Price
offered for
the targets

Integration
risks and
consideratio
ns

Short and
Long term
Strategies

Possible
Growth
Avenues

Targets
identified

Nzone New York, US

Strengths
Achieve Economies
of scale
Become major
player in industry
Internet of Things
Tap into high growth
4G market

Risks
Stiff competition
Market highly
saturated

Price
offered for
the targets

Integration
risks and
consideratio
ns

Short and
Long term
Strategies

ASA Towers, Argentina

Strengths
Untapped territory
Low competition
Provides exactly the
services US Telco is
looking for.
Tap into incentivized
colocation services

Risks
New company , is in
losses.

Possible
Growth
Avenues

Targets
identified

Price
offered for
the targets

Integration
risks and
consideratio
ns

Short and
Long term
Strategies

Industry Revenue (in Billion $)

28.0
27.0
26.0
25.0
24.0
23.0
22.0
2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

Industry is set to recover at a steady rate owing to factors:

Average annual growth rate in consumer spending is expected at 2.8%
Adaption of newer technologies like 4G (9% yoy growth), Internet of things, e
Lowered operational cost due to spectrum sharing and colocation services.

Possible
Growth
Avenues

Integration
risks and
consideratio
ns

Price
offered for
the targets

Targets
identified

1000.00

Nzone, US

800.00
845.65 865.38 860.89 837.93 789.60
743.14
600.00

400.00
200.00
46.55
0.00
2015

47.85

47.78

46.51

43.90

41.38

2016

2017

2018

2019

2020

DCF in EBITDA multiples (millions)

ASA Towers

Short and
Long term
Strategies

Worth of the firm by

market multiples is to be
43.70 Million dollars by
2020.
The actual worth by 2020
is expected to be -28.16
million dollars
Any price below 43 million
dollars can be offered

DCF (millions)

Worth of the firm by

market multiples is to be
5666.98 Million dollars by
2020.
The actual worth by 2020
is expected to be 273.97
million dollars
Any price between 274
and 4380 million dollars
can be offered

100.00
90.69
50.00
-6.73
0.00
2015

-4.46

-8.04

-8.74

2016

2017

2018

-22.69 -27.87
-32.72
-50.00

-13.20

DCF (millions)

49.49
-1.43

1.24

2019

2020

Possible
Growth
Avenues

Targets
identified

Price
offered for
the targets

Integration
risks and
consideratio
ns

Short and
Long term
Strategies

1200
1000
800
600
400
200
0
2015
-200

2016

2017

2018

2019

2020

DCF (in million dollars)

DCF in EBITDA multiples (in million dollars)

Possible
Growth
Avenues

Targets
identified

Price
offered for
the targets

Integration
risks and
consideratio
ns

Short and
Long term
Strategies