Dear Readers,

We are very pleased to present our M&A Report on the telecommunications market. We will specifically address the broadband expansion in Germany with its opportunities and risks, with a special focus on companies from the fibre sector in Germany.

We will look at the development and M&A activity of the market from 2018 to 2023 and highlight selected transactions during this period. The report is the result of internal analyses, many years of experience of our team, and personal expertise through numerous completed transactions in the telecommunications sector.

The M&A activity of the telecommunications market in Germany has been mainly driven by consolidations in recent years. Due to the increasing demand for digital solutions, both among private households and companies, and continued investments in the industry, high transaction activity with ongoing consolidation pressure can also be expected in the future.

Market size

  • 59.1 bn EUR in revenue for all telecommunications providers in Germany in 2022
  • 13.1 bn EUR investments by network operators in 2022
  • 17.3 mio households with access to a fibre connection (homes passed) in the first half of
  • 2023
  • 3.4 mio active connections in 2022
  • 35.6% Fibre coverage in Germany as of June 2023

Our goal with this report is to offer valuable insights and findings that can help you as a managing director or shareholder to pursue sound and sustainable strategies with your companies in the TC industry. This report will provide you with a useful resource, be it as a guide to valuation issues or to assess the competition in the context of acquisition considerations.

Should you have any questions, require further information, or wish to discuss your individual situation, please do not hesitate to contact us.

With best regards
Marcel Brix
Managing Director

We will gladly advise you

Marcel Brix

Managing Director | BLOK Management GmbH

Oliver Kolb

Managing Director | BLOK Management GmbH