Analysys Mason Podcast

Why telecoms operators need to look beyond EBITDA for business divisions

In this podcast Analysys Mason’s experts discuss why lower EBITDA margins for business divisions may not indicate poor performance, and they explore some of the alternative measures that telecoms operators should consider instead.
For more information, please see our related articles: Operators need new profitability metrics to measure the real value of diverse business groups and Comcast Business continues to excel, but may need to accept EBITDA dilution as the price of growth.

Amazon makes its (long-expected) entry into satellite D2D with its USD11.6 billion acquisition of Globalstar

Amazon aims to leverage Globalstar's spectrum assets and device compatibility to capture the growing opportunity of satellite direct-to-device (D2D) services.
This Analysys Mason podcast examines the tech giant's acquisition of Globalstar from multiple strategic angles, with a focus on space spectrum, the potential for D2D services and the impact on mobile network operators (MNOs).
Explore our related space research programmes

Transformation unlocks the real value in mobile consolidation

In this episode, two of Analysys Mason's leading experts, Tom Rebbeck and Paul Jevons, explore mobile consolidation through the lens of transformation and value creation. They focus on what it takes to turn deals into real results. 
They discuss: 
why value is often won or lost in the integration strategy long before the deal closes  
how weak assumptions on cost, timelines and resources undermine transformation outcomes  
why governance, leadership alignment and stakeholder management are critical to delivery  
how to balance quick wins with complex, long-term system and data integration  
what operators, competitors and suppliers should be doing at every stage of the deal lifecycle  
If consolidation is on your horizon, listen to this episode and discover what it takes to deliver real transformation and value in practice – from day one through to full integration. 
Learn more about how we support operators, investors and lenders with mobile consolidation. 
Get in touch to speak with one of our experts. 

Mobile consolidation is easy to model - but far harder to deliver

Mobile operator consolidation is often straightforward to model, but far more complex to deliver in practice. In this episode, two of Analysys Mason’s experts, Charles Murray and Caroline Gabriel, explore what really determines success in mobile operator mergers.
They discuss: - why network synergies are often overestimated - why IT systems and organisational culture create the greatest risks - how deals can be set up for success from day one. If consolidation is on your agenda, this episode highlights the key factors that operators, investors and lenders need to get right. Learn more about how we support operators, investors and lenders through mobile consolidation.Get in touch to speak with one of our experts.

Orbital versus terrestrial data centres: will space-based computing become viable?

The emerging orbital data centre market is attracting growing interest, driven by the expansion of space-based operations and the increasing challenges associated with terrestrial data centres. Rising demand for AI in both domains is further fuelling interest. The prominent entrepreneurs advocating orbital data centres, including Elon Musk, Sam Altman, Jeff Bezos and Eric Schmidt, highlight the considerable activity and hype surrounding orbital data centres.
In this podcast, three of Analysys Mason’s experts, Christopher Baugh, Claude Rousseau and Simon Sherrington, discuss the ‘why’ and ‘how’ of orbital data centres. They examine perspectives from the terrestrial data centre sector, the current challenges facing data centre growth, how these factors are linked to the emerging orbital market and what developments may lie ahead.
Learn more about our recently published report: Orbital data centres: trends and analysis
Learn more about our Earth observation programme

Is Europe entering a new phase of mobile consolidation?

This short extract from Analysys Mason’s M&A Predictions podcast features Charles Murray, Partner, and Alessandro Ravagnolo, Partner, discussing the renewed momentum behind mobile market consolidation in Europe.
In this bite-sized segment Charles explores why 4-to-3 consolidation is firmly back on the agenda, what has changed since earlier European deals, and why recent regulatory decisions are being viewed as a potential inflection point for the sector. He looks at where consolidation activity is most likely to emerge next, the role of network-sharing as an alternative path, and the implications for operators, investors and infrastructure players.
The conversation is particularly relevant for senior decision makers navigating sustained investment pressure, returns on capital and regulatory complexity across European mobile markets. Explore our thinking on mobile market consolidation here

Amazon Leo and TeraWave could fast track the next big space market shifts

In this podcast, our space experts, Christopher Baugh, Partner, and Prachi Kawade, Senior Analyst, cover how Amazon Leo and TeraWave from Blue Origin will soon enter the low-Earth orbit (LEO) connectivity market and raise the competitive pressure on today’s satellite broadband leaders.
Amazon Leo’s LEO network pairs gigabit class, enterprise-grade performance with deep AWS integration, signalling a cloud-native challenger built for far more than consumer access. Blue Origin’s TeraWave constellation will up the ante with a multi-orbit, ultra-high throughput design aimed squarely at enterprise, government and data-centre workloads. We compare these architectures with Starlink’s model and highlight where features such as symmetrical multi-Tbit/s capacity and built-in redundancy could shift expectations for non-terrestrial networks. We also examine the strategic and operational hurdles both players must clear to compete globally.
Explore our related programmes: 
Satellite CapacitySatellite Broadband

Analysys Mason’s research topics for 2026

In this podcast, Research Partners Caroline Gabriel, Chris Baugh and Tom Rebbeck discuss the key topics that we will cover in our research in 2026. They explore spectrum, AI and why the telecoms industry may be ‘losing its religion’. Caroline, Chris and Tom also share the one thing that they will be watching most closely in 2026.
Learn more about our research and insights hereSubscriber content here