Specialized Telecom Industry Business Valuation Services
(for Banister Financial's expertise in valuations in hundreds of industries
other than telecom visit www.businessvalue.com)
In addition to its general industry business valuations (visit www.businessvalue.com), Banister Financial, Inc. has significant specialized expertise in the valuation of a wide range of communications companies (including local telephone companies / ILECs) to meet the valuation needs of a rapidly-changing sector. For more than 20 years we have provided an array of business valuation services to communications companies (both large and small) and shareholders in this industry, including the following:
Our business valuations of telecom companies include all types, sizes, and geographic locations. Our telecom client base literally spans the United States from the Atlantic to the Pacific. Client companies range from small organizations where the owners drive the bucket truck home at night to large, complex communications companies covering multiple counties or states. Our clients vary from local telephone companies who provide only regulated services, to those with video/cable TV, fiber-to-the-premises and interests in wireless partnerships, independent telephone company consortiums, and in any number of variations of the foregoing. Some are truly rural, serving the special needs of a dispersed, mainly agricultural customer base, while others, designated as rural under the law, operate in or near the suburbs of rapidly growing metropolitan areas. Each such company faces a totally different set of conditions, competition and other forces affecting value that can only be assessed in a detailed valuation.
As is obvious, there is no such thing as one "telecom industry." Rather, there are many participants and categories as evidenced by the varied listing earlier of types of companies valued, each being subject to very different forces, competition, regulation, and issues. Banister Financial's professionals have the skills and experience in dealing with each category.
Telecom Business Valuation Services Offered
Banister Financial's professionals prepare independent, unbiased business valuations of telecom and communications and related companies for a variety of reasons including:
Estate/gift tax and other tax related business valuation needs:
Disputes and litigation-related business valuation needs:
- rural local telephone companies (ILECs, RLECs) and communications services providers
- cable television companies and operators
- local telephone companies with non-regulated video over copper or via fiber to the premises (FTTP)
- competitive local exchange carriers (CLECs)
- "last mile" companies
- voice over IP (VOIP) providers
- cellular operations and partnerships
- long distance resellers
- facilities based long distance providers
- fiber optic transport networks
- wireless spectrum
- Internet service providers (ISPs)
- web, exchange and related cloud server hosting for small business and enterprises
- paging companies
- radiotelephone sales and service
- "cloud" data management, storage and information management data centers and related services
- cabling contractors
- security systems and security monitoring
- combinations of the above and other related business
Our business valuations of telecom companies include all types, sizes, and geographic locations. Our telecom client base literally spans the United States from the Atlantic to the Pacific. Client companies range from small organizations where the owners drive the bucket truck home at night to large, complex communications companies covering multiple counties or states. Our clients vary from local telephone companies who provide only regulated services, to those with video/cable TV, fiber-to-the-premises and interests in wireless partnerships, independent telephone company consortiums, and in any number of variations of the foregoing. Some are truly rural, serving the special needs of a dispersed, mainly agricultural customer base, while others, designated as rural under the law, operate in or near the suburbs of rapidly growing metropolitan areas. Each such company faces a totally different set of conditions, competition and other forces affecting value that can only be assessed in a detailed valuation.
As is obvious, there is no such thing as one "telecom industry." Rather, there are many participants and categories as evidenced by the varied listing earlier of types of companies valued, each being subject to very different forces, competition, regulation, and issues. Banister Financial's professionals have the skills and experience in dealing with each category.
Telecom Business Valuation Services Offered
Banister Financial's professionals prepare independent, unbiased business valuations of telecom and communications and related companies for a variety of reasons including:
Estate/gift tax and other tax related business valuation needs:
- estate tax related business valuation needs
- gifting and/or sale of closely held stock to the next generation
- setting values for buy-sell and shareholder agreements
- business valuation for life insurance planning and funding
- creation of non-voting stock for gifting purposes
- stock options
- restricted public stock in publicly traded telephone and other communications companies held by estates or for gifting
- blockage discounts related to large blocks of publicly traded shares in telephone or other communications companies held by estates or for gift or estate planning
- conversion of C-corporation to subchapter-S corporation status
Disputes and litigation-related business valuation needs:
- divorce (equitable distribution)
- court appointed valuations in disputes
- minority shareholder disputes and litigation
- business damage assessment and determination
- critiques of business valuation reports prepared by others
- mediation/binding arbitration
- our professionals are experienced expert witnesses with a proven track record of having their valuation findings prevail in numerous cases in local, state and Federal courts
Merger and acquisition and transaction-related
business valuation needs:
Other business valuation needs:
Why Banister Financial for Telecom Valuations?
Preparing telecom business valuations requires highly specialized knowledge of a complicated industry, its competitive and regulatory environment, and many other factors to arrive at a meaningful, reliable and supported value. Few business valuation firms possess this expertise in the telecom sector. Banister Financial's professionals have a long track record of meeting the needs of owners of privately-held communications companies in arriving at valuations for a wide variety of purposes.
Why Not Hire A Telecom Broker Instead?
Unlike Banister Financial, a broker makes his or her living mainly by generating fees from the sale of a local telephone or communications company. While some brokers may prepare valuations for reasons other than a sale, at the end of the day, the business model for a broker depends on his or her ability to convince an owner to sell his or her company.
By contrast, Banister Financial is not a broker and has no vested interest in pressuring owners to sell the company. While Banister has provided valuations in an advisory capacity for an owner to contemplate a potential transaction, our compensation for these valuations is based on a flat fee and is not dependent on either the value derived or on the success of the transaction (in fact, the owner may decide the transaction makes no sense based on our valuation). In addition, while a broker knows how to sell the business, they often lack the knowledge of specialized valuation requirements necessary to have an appraisal accepted for other purposes, such as for estates or gift planning by the Internal Revenue Service and other authorities.
Banister Financial is solely in the business of providing independent, unbiased valuations for a variety of purposes as indicated on this page. Prominent among these are valuations prepared for gift and estate planning and inter-family transfers. Many local telephone and communications companies are in their third or fourth generation of ownership with a desire to continue this legacy into future generations. Banister Financial is frequently engaged to prepare valuations in family planning efforts to bring this about. Whatever the reason for your valuation needs Banister Financial has the skills and expertise to help.
business valuation needs:
- mergers of telephone or communications companies
- purchase or sale of closely held business interests held by family members or other shareholders
- employee stock ownership plans (ESOP's)
- management buyouts
- financial restructuring and recapitalization
- for the formation of telecom holding companies with regulated and non-regulated subsidiaries
Other business valuation needs:
- valuations to assist in obtaining financing
- valuation of employee stock options
- valuation of restricted stock
Why Banister Financial for Telecom Valuations?
Preparing telecom business valuations requires highly specialized knowledge of a complicated industry, its competitive and regulatory environment, and many other factors to arrive at a meaningful, reliable and supported value. Few business valuation firms possess this expertise in the telecom sector. Banister Financial's professionals have a long track record of meeting the needs of owners of privately-held communications companies in arriving at valuations for a wide variety of purposes.
Why Not Hire A Telecom Broker Instead?
Unlike Banister Financial, a broker makes his or her living mainly by generating fees from the sale of a local telephone or communications company. While some brokers may prepare valuations for reasons other than a sale, at the end of the day, the business model for a broker depends on his or her ability to convince an owner to sell his or her company.
By contrast, Banister Financial is not a broker and has no vested interest in pressuring owners to sell the company. While Banister has provided valuations in an advisory capacity for an owner to contemplate a potential transaction, our compensation for these valuations is based on a flat fee and is not dependent on either the value derived or on the success of the transaction (in fact, the owner may decide the transaction makes no sense based on our valuation). In addition, while a broker knows how to sell the business, they often lack the knowledge of specialized valuation requirements necessary to have an appraisal accepted for other purposes, such as for estates or gift planning by the Internal Revenue Service and other authorities.
Banister Financial is solely in the business of providing independent, unbiased valuations for a variety of purposes as indicated on this page. Prominent among these are valuations prepared for gift and estate planning and inter-family transfers. Many local telephone and communications companies are in their third or fourth generation of ownership with a desire to continue this legacy into future generations. Banister Financial is frequently engaged to prepare valuations in family planning efforts to bring this about. Whatever the reason for your valuation needs Banister Financial has the skills and expertise to help.
Contact for a Business Valuation of Your Telecom Company:
George Hawkins, ASA, CFA
Managing Director
Phone: (704) 334-4932
Send e-mail to George
Outlook v card file: 
Banister Financial, Inc. is an affiliate member of the Organization for the Promotion and Advancement of Small Telecommunications Companies (OPASTCO).
© 2010, Banister Financial, Inc. Fair Value is a registered trademark of Banister Financial, Inc.