Data consumption to drive TMT financing growth in Asia in 2018, says SMBC

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Data consumption and digital transformation will be one of the key elements driving the financing activities in TMT (telecom, media and technology) industry in Asia, according to Vishesh Gupta, Senior Vice President and Head of TMT Banking at Sumitomo Mitsui Banking Corporation.

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Data consumption and digital transformation will be one of the key elements driving the financing activities in TMT (telecom, media and technology) industry in Asia, according to Vishesh Gupta, Senior Vice President and Head of TMT Banking at Sumitomo Mitsui Banking Corporation.

“M&A and capex investment will continue to drive the majority of financing activities of traditional telecom players such as mobile and fixed line telecom operators, pay-TV companies, enterprise businesses and towercos in Asia for 2018. However, as data consumption and digital transformation continues to accelerate, the increase of data traffic will drive the need for public cloud and building data centres, towers and fibre assets.” Commented Gupta. “For a global bank like SMBC, the TMT sector is a key area of growth throughout Asia and we’re working closely with a number of telcos, towercos, data centres and others to raise funds through structured financing.”

Gupta, who has extensive experience in TMT sector advising clients and arranging transactions in Asia covering M&A advisory, acquisition finance, project finance, debt capital markets and equity capital markets, will be providing insights on the TMT financing environment, investment and growth opportunities on the Financing TMT session at TMT Finance Asia 2018 in Singapore on February 1. The annual event gathers the region’s key senior executives from telecom, media and technology companies, private equity and venture capital firms, investment banks, law firms and advisory companies, to assess new growth and investment opportunities. http://www.tmtfinance.com/asia/

SMBC is one of the sponsors of TMT Finance Asia 2018, with Gupta also speaking at the Telecom M&A strategies of the event, which features speakers from Etisalat, Miteno Communication Technology Co, Axiata and PCCW Global.

Elsewhere, SMBC will also chair the Visionary Keynote Interview with Rangu Salgame, Chairman and CEO of Warburg Pincus-backed data centre investment platform Princeton Growth Ventures, accessing the new investment strategies for TMT in 2018 for Asia region.

Other key companies represented at the conference include: Telstra, DTAC, I-Squared Capital, Indosat Ooredoo, Telkom Indonesia, Sequoia, Goldman Sachs, Mediacorp, ONE Championship, Intelsat, edotco Group, ING, American Tower Corp, Moody’s, Sigfox, Bukalapak, Huawei, Bridge Data Centres, UBS and many others.

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