TELECOM FINANCE IPO OF THE YEAR 2006

Comstar raising US$1bn for 35%: Deutsche Bank, Goldman Sachs and Renaissance Capital were global coordinators.

Runners up

The IPO of French alternative telecom operator Neuf Cegetel raising E911m for 20.4% - Goldman Sachs was sole global coordinator and joint bookrunner, BNP Paribas, Credit Suisse and JPMorgan were joint bookrunners.

The IPO of Emirates International Telecom Corporation (EITC) raising US$600m for 20% EFG - Hermes was global coordinator and bookrunner, Emirates Bank International was lead manager and First Gulf Bank was co-lead manager.

TELECOM FINANCE LEVERAGED DEAL OF THE YEAR 2006

Nordic Telephone Company’s E11.3bn takeover of TeleDenmark (TDC) Deutsche Bank and JP Morgan
(Financing arranged by Barclays, CSFB, Deutsche Bank JP Morgan and RBS)

Runners Up

Cinven and Warburg Pincus acquisition of Dutch cable operators Casema (E2.1bn) and Kabelcom (E2.6bn)
Advised by Morgan Stanley and ABN AMRO.
(Financing arranged by ABN AMRO, Credit Suisse,
Goldman Sachs, and ING)

Babcock and Brown’s acquisition of Eircom for E3.3bn
Advised by JP Morgan
(Financing arranged by Barclays, Credit Suisse, Deutsche
Bank, Dresdner Kleinwort and JP Morgan)

The investment consortium takeover of Bivideon (Czech broadcasting company Radiokomunickace and a 39.23% stake in T-Mobile Czech Republic) for E1.2bn
Advised by Ernst and Young
(Financing arranged by ING)

The merger of French cable operators Numericable, Estvideo and Coditel (including the E1.75bn recapitalisation of Ypso and Altice One) and acquisition of Noos-UPC France for E1.4bn.
Advised by Daniels and Associates
(Financing arranged by BNP Paribas, Calyon, Lehman Brothers and Morgan Stanley)