Convergence between global telecoms and media is finally becoming a reality, as evidenced by AT&T’s blockbuster $108bn agreement to buy Time Warner. This comes some 15 years after telecom operators placed ruinous bets on 3G licences in the hopes of becoming media giants; and as media and entertainment groups suffer continued falls in both subscriptions and advertising revenue.
The two industries face unstoppable competition from technology giants, as well as deep regulatory scrutiny of in-sector M&A.
With similar constraints on expansion, will telecoms and media truly come together at last – combining their respective state of the art networks and compelling content? Or is the disconnect between the two distinct cultures a barrier to meaningful partnerships?
How can companies prove industrial logic to investors? And are politicians sufficiently worried about the dominance of Google, Facebook, Amazon et al to back a real alternative?
The FT Future of Media and Telecoms: Deal-making and Disruption in Uncertain Times will bring together senior leaders from content owners, advertising, network players and telecom operators to debate the opportunities and challenges in a rapidly developing global market, exploring key themes such as consumer drivers, the creative view, regional spotlights, investor insights and regulatory round-ups.