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Specialist services · Telecoms
Test the investment case against the network, the operation and the evidence.
Know what has been built, what can generate revenue and what still needs investment. We connect engineering, delivery and commercial performance to give investors, buyers and management teams a clear basis for their next decision.
Evidence before assumptions
We compare management reporting with network configuration, build records, field conditions and commercial results. The question is not simply whether an asset exists, but whether it can deliver what the investment case assumes.
The investment assumptions, shareholder definitions and delivery commitments.
The installed network, its condition, capacity and ability to connect customers.
The remediation, operating improvements and infill opportunities that shape the next investment decision.
One joined-up review
We agree the depth of each workstream around the transaction, the estate and the questions you need answered.
Compare the investment case with actual build costs, coverage, connections, revenue and operating performance. Reconcile shareholder definitions with management reporting, distinguishing premises passed, ready for service, serviceable, connected and revenue-generating. Establish where reported progress translates into usable assets and income.
Review the access and aggregation network, its configuration, capacity, resilience and security. Examine routing, switching, monitoring and equipment lifecycle plans. Identify bottlenecks, single points of failure and the upgrades needed to carry the growth plan.
Assess the platforms that authenticate customers, manage sessions and connect services to the wider internet. Review redundancy, peering, transit, recovery arrangements and supplier dependencies. Establish whether the core can support forecast demand and what additional capacity will cost.
Review Physical Infrastructure Access (PIA), new dig, ducts, chambers, poles and fibre against engineering designs and applicable requirements. Examine build quality, test results, contractor assurance and access arrangements. Identify defects, remedial work and their implications for cost, maintenance and asset value.
Test whether premises described as serviceable can actually be connected, within what timeframe and at what cost. Review drop routes, access rights, installation complexity and available capacity. Identify additional premises that existing infrastructure could serve economically, weighing demand against incremental build and connection costs.
Assess delivery methodology, schedules, budgets, dependencies, change control and contractor performance. Compare reported milestones with completed work and acceptance evidence. Establish whether forecasts are credible and whether management can identify and resolve delivery problems early.
Follow the customer journey from enquiry and order through survey, installation, customer premises equipment (CPE) deployment, activation, billing and payment. Review operational and business support systems, stock control, engineer scheduling and service acceptance. Find integration gaps and manual workarounds that delay connections, add cost or leave delivered services unbilled.
Reconcile installed infrastructure and equipment with GIS records, fibre routes, splice schedules, inventories, test results and handover packs. Establish whether the records are accurate enough to support fault resolution, maintenance, expansion and a future transaction.
Practical experience, executive judgement
An impressive operating track record does not always include hands-on experience of how networks are built, connected and maintained. Material warning signs can be missed when a review stops at management presentations and reported KPIs.
Our approach draws on experience up towers, in pits, at cabinets and inside data centres, alongside executive leadership and investment scrutiny. We know which records to request, where to inspect and which explanations need testing.
Technical fluency is not a substitute for evidence. We test confident explanations against configuration, build quality and commercial results. If an answer does not resolve the question, we keep asking.
You receive one assessment of risk, investment requirements and opportunities to create value.
Material findings linked to source records and agreed field checks, with assumptions, discrepancies and information gaps made explicit.
A prioritised action plan identifying urgent corrections, operating improvements and further investment, with cost estimates grounded in the available evidence.
A clear account of what can scale, where infill makes commercial sense and which delivery or revenue assumptions need revisiting.
We scope the engagement around the network footprint, records available, field inspections, workstreams and decision timetable. Fees and deliverables are agreed before work begins. All fees exclude VAT.
This specialist review is scoped separately from our general technology due diligence service.
Yes. We reconcile the definitions used in reporting with network records and agreed field checks, then assess connection constraints, costs and lead times. We distinguish premises passed from premises that can be connected and billed.
Field checks are agreed as part of the scope. We focus inspections on material risks, inconsistencies and the assets needed to test the investment case. The report states what was inspected and where sampling or access limits apply.
Yes. We assess infill opportunities, spare capacity and last-mile constraints alongside demand and incremental connection costs, so opportunities are evaluated on their commercial potential.
Talk to us
Tell us about the network, the decision and your timetable. We will agree a review that answers the questions that matter.