• Advising The Regulatory Authority of Bermuda on all aspects of their market review of the telecoms sector, including on market definitions, ex ante remedies, ex post competition guidelines and specific issues like submarine cable landings or net neutrality rules. This required analysis of some novel situations such as whether or not over the top TV services do or do not compete with conventional pay-television.
  • Advising Batelco, the incumbent operator in Bahrain, on the process through which the government planned functional separation of the company's access network from its retail business. In some cases the government's proposals seemed designed to achieve an entirely different end, not supported by local legislation.
  • Advising all four of the UK mobile operators on the very high profile GBP1 billion “single rural network” project to construct more fibreoptic and wireless network infrastructure in order to improve coverage in rural areas.
  • Advising the purchasers (a private equity fund) of a fast-growing full fibre local access broadband connectivity provider focused on London. The target company is building and operating new Fibre to the Premises (FTTP) infrastructure across the capital to provide affordable ultra-fast fibre connectivity to businesses and residents. Mike subsequently assisted on a c. GBP1 billion capital raise.
  • Advising on a very innovative RAN (radio access network) sharing deal for new 4G networks, and for the sharing of existing 2G and 3G infrastructure, in Kazakhstan. This involved establishing entirely new methodologies, based on "virtual" prices for active and for passive network infrastructure, which were designed to align incentives of both the “host” and the “guest” in each region. The deal saved the clients at least USD200 million.
  • Advising a European mobile operator on a large project to construct an LTE network and then the outsource management of the network infrastructure. The vendor was Huawei though other bidders as part of the tender included Ericsson and ZTE and the contract was valued in excess of EUR500 million.
  • Advising on the competitive procurement of a US$1bn digital business support system (DBSS) for use by a group of companies within an international telecoms group for use in more than 5 countries over a 7 year period. This involved using the DLA Piper “Key Business Terms” online tool, which is designed to maximise a customer's negotiating leverage at the time a tender is most competitive, without incurring significant time or legal costs. We completed the whole procurement in less than 4 months.
  • Advising on acquisition by BTG Pactual of the Globenet South American fibreoptic cable system in Brazil (c. USD750 million) - the largest ever purely submarine cable acquisition with many interesting features (it was structured as a sale and leaseback - using a model that had never before been applied to this sector).
  • Advising on the Hibernia Express low-latency trans-Atlantic fibreoptic system (USD200 million) where our work included the system supply negotiations - these had some very unique features because of the overriding need to achieve the latency target; we also advised an equity investor in the overall company.