At the forefront of the telecommunication industry, Milbank counsels clients around the globe in their largest and most complex transactions. In recognition of our outstanding practice in this field, publications—ranging from the Chambers and Partners Guide to Telecom Finance —consistently rank us in the top tier of law firms worldwide and routinely acknowledge our deals as “Deals of the Year.”
We represent high-profile telecom operators, such as NTT Inc., Vodafone Group PLC, and Bharti Airtel Lmtd., as well as new market entrants such as LightSquared and prominent lenders and investors in the industry. We routinely serve as underwriters’ or lenders’ counsel for operators such as telecom giants Verizon Communications Inc. and Telemar. Our telecoms team works hand in hand with our Space and Satellite team on some of the most innovative transactions in the closely allied industries, and it also relies on the expertise of attorneys in our Technology Group.
News:Milbank Advises Underwriters in US$2B Dual Currency International Bond Offering by India’s Biggest Telecom, Bharti Airtel
FOR IMMEDIATE RELEASE
Largest debt issuance ever by an Indian firm, offering is denominated in US dollars and eurosLeading Capital Markets Partner James Grandolfo joins Milbank in Hong Kong
FOR IMMEDIATE RELEASE
James Grandolfo, a leading capital markets lawyer, has joined the firm as a partner in the Hong Kong office effective December 16, as a member of Milbank’s Global Securities group.
Integrated, Global Approach Yields a Strategic Advantage
Our network of offices around the world allows us to assist clients in telecommunications and space projects throughout Asia, Africa, Latin America and Europe, with a particular focus on the developing markets of Latin America, India and Southeast Asia, where telecom investment is especially robust.
The attorneys on our worldwide telecommunications team are drawn from every practice group, every office. They work together seamlessly, ensuring that our clients benefit from our in-depth industry expertise and familiarity with up-to-date deal precedents. An integrated “one-team” approach means clients work with a partner with critical industry contacts and strategic expertise, and associates who are effectively managed. As the Chambers and Partners Guide said, “the lawyers here excel; they understand the market.”
This unique combination of comprehensive industry knowledge and coordinated approach gives our clients a significant strategic advantage. For example, we can canvass our global team on behalf of a wireless operator negotiating a tower sale contract in India, and—with due regard for the confidentiality of all our clients—advise on market and documentation trends in similar deals around the globe. That way, our clients are aware of best practices and gain an edge in business negotiations. Our client-focused execution carries through to all aspects of a transaction, from initial strategy and tax considerations, to equipment procurement and capital raising.
Support Across the Entire Spectrum of the Telecom Industry
Our broad-based knowledge spans the communications industry, including:
- Wireless and fixed-line telecom companies
- Submarine cable systems
- Internet and data-centers
- Satellites and other high-technology equipment and applications
- Media transactions ranging from traditional publications to radio, television and movie production
Additionally, thanks to our extensive experience, we are able to assist our clients with difficult technical and commercial transactions, such as those involving new network build-outs and vendor/operator relationships.
Assignments based upon our detailed understanding of the telecom industry include:
- Negotiating managed services arrangements for operators
- Equipment supply contracts and vendor financing for submarine fiber optic cable systems or 4G networks
- Cellular tower sales and leasebacks
- Large capacity, roaming and interconnection agreements
Our Telecommunications Group also relies on the expertise of attorneys in our Technology Group.
Our historical strength in financings and M&A, together with our telecommunications background, places us among the preeminent law firms in financings and acquisitions. Whether it’s the multi-billion dollar acquisition financing for Bharti Airtel Lmtd. in acquiring Zain’s African assets, Telemar’s groundbreaking billion-dollar series of bonds to finance a 3G network build-out in Brazil, LightSquared’s several billion-dollar debt funding for its 4G network in the US or Cambodia’s biggest cross-border deal in any industry—the purchase of CamGSM—we consistently deliver unparalleled services built on a tradition of excellence.