Four Decades for Justice
In the rapidly changing telecommunications industry, Cravath tackles the full range of high-value opportunities and legal challenges faced by our clients. From industry-defining transactions to litigation arising out of the development of next generation cellular technology, we have represented prominent U.S. and non-U.S. telecommunications companies in a wide range of matters that have indelibly transformed the sector.
Our corporate lawyers represent leading telecommunications companies in their mergers and acquisitions, complex financing transactions, as well as tax, strategic intellectual property, corporate board advisory and environmental, social and governance (“ESG”) matters. Our litigators routinely work with telecommunications clients on major antitrust matters, including both regulatory clearance and litigation, take patent and trade secret cases to trial, handle governmental and internal investigations, and litigate securities fraud, general commercial and appellate matters.
Our corporate lawyers represent leading telecommunications companies in their mergers and acquisitions, complex financing transactions, as well as tax, strategic intellectual property, corporate board advisory and environmental, social and governance (“ESG”) matters. Our litigators routinely work with telecommunications clients on major antitrust matters, including both regulatory clearance and litigation, take patent and trade secret cases to trial, handle governmental and internal investigations, and litigate securities fraud, general commercial and appellate matters.
Deals & Cases
August 08, 2023
On August 8, 2023, EchoStar Corporation and DISH Network Corporation (“DISH Network”) announced they have entered into a definitive agreement for DISH Network to combine with EchoStar Corporation in an approximately $6 billion all-stock merger. Cravath is representing the Special Committee of the Board of Directors of EchoStar Corporation in connection with the transaction.
Deals & Cases
July 17, 2023
On July 17, 2023, Proximus Group announced that it has signed a definitive agreement to acquire, through Proximus Opal, an approximately 58% interest in Route Mobile, a global company specialized in CPaaS services, from the founding shareholders of Route Mobile. As part of the agreement, some of the founding shareholders will reinvest in a minority stake in Proximus Opal, a subsidiary of the Proximus Group and the holding company of Telesign, Proximus’s U.S.‑based affiliate. Cravath, alongside Slaughter and May, AZB & Partners and NautaDutilh, is representing Route Mobile and its founding shareholders in connection with the transaction.
Deals & Cases
March 09, 2023
On March 8, 2023, Airspan Networks Holdings (“Airspan”), a provider of software and hardware for 5G networks and a pioneer in end‑to‑end Open RAN solutions that provide interoperability with other vendors, announced the signing of definitive agreements for the sale of Mimosa Networks, Inc. (“Mimosa”) to Radisys Corporation (“Radisys”), a wholly owned subsidiary of Jio Platforms Limited, which is a subsidiary of Reliance Industries Limited, on a debt free, cash free basis. Cravath is representing Airspan in connection with the transaction.
Deals & Cases
March 01, 2023
On March 1, 2023, Radius Global Infrastructure, Inc. (“Radius”), a leading global aggregator of real property interests underlying wireless telecommunications cell sites and other digital infrastructure assets, announced it has entered into a definitive agreement under which EQT Active Core Infrastructure and Public Sector Pension Investment Board (“PSP Investments”) will indirectly acquire Radius for $15.00 per share in cash, representing a total enterprise value of approximately $3 billion. Upon completion of the transaction, Radius will be a privately held company indirectly wholly owned by EQT Active Core Infrastructure and PSP Investments, as well as Radius management. Radius shares will no longer be listed on any public securities exchange. Cravath is representing Radius in connection with the transaction.
Deals & Cases
February 27, 2023
Cravath represented Cable One, Inc. in connection with $2.8 billion of amended and restated senior secured credit facilities provided by a syndicate of commercial banks and other lenders. The credit facilities consist of $1.8 billion of term loan facilities and a $1.0 billion revolving credit facility. Cable One is a leading broadband communications provider serving more than 1.1 million residential and business customers across 24 states. The transaction closed on February 22, 2023.
Accolades
August 15, 2023
On August 14, 2023, the India Business Law Journal named Cravath among the “Significant Players” in its 2023 ranking of the top international law firms for India‑related work. The publication noted the Firm’s work to help “Indian companies navigate US‑related capital raising transactions, M&A, joint ventures, disputes, and related compliance and reporting advice,” and highlighted its representation of Viatris in its acquisitions of Oyster Point and Famy Life Sciences to create an ophthalmology franchise. The Firm was also recognized for its representation of Airspan in its sale of Mimosa to Radisys on a debt‑free, cash‑free basis.
Firm News
August 14, 2023
Between July 28 and August 11, 2023, Cravath advised on nine announced deals, including seven deals in a span of three business days. Cravath is representing:
Accolades
March 17, 2023
On March 15, 2023, Benchmark Litigation honored Cravath at the publication’s eleventh annual U.S. Awards, which was held in New York City in celebration of “the country’s most distinguished litigators and their firms for their exemplary work over the past twelve months.” The Firm was awarded Benchmark Litigation’s “Antitrust Firm of the Year” award, which recognized Cravath’s representation of clients, including Epic Games, Louis Dreyfus Company and Qualcomm. Cravath partner Timothy G. Cameron accepted the award on behalf of the Firm.
Activities & Publications
December 16, 2022
Cravath partner David J. Kappos and Qualcomm chief economist Dr. Kirti Gupta co‑authored an article entitled “Smartphone Standard Essential Patents Aren’t Driving Litigation,” which was published to the website of Bloomberg Law on December 14, 2022. The opinion piece examines data on patent litigation to challenge the narrative of a “patent war,” and specifically the notion that smartphone standard essential patents are at the root of it.
Accolades
December 15, 2022
On December 12, 2022, Cravath’s antitrust practice was ranked among the “Elite” in Global Competition Review’s 2023 edition of GCR 100, a guide to the world’s leading competition law and economics practices. This is the eleventh consecutive year the Firm has been ranked in the highest tier among New York Firms by GCR. The publication highlighted Cravath’s “bountiful antitrust work,” including its role in securing major victories for clients Louis Dreyfus Company in the denial of the DOJ’s request for an injunction to block its sale of Imperial Sugar Company; Illumina in a groundbreaking trial win rejecting the FTC’s challenge to its $8 billion acquisition of GRAIL; and Qualcomm in a win on appeal which “vacated a ruling that had certified one of the biggest class actions in history.”
Deals & Cases
August 08, 2023
On August 8, 2023, EchoStar Corporation and DISH Network Corporation (“DISH Network”) announced they have entered into a definitive agreement for DISH Network to combine with EchoStar Corporation in an approximately $6 billion all-stock merger. Cravath is representing the Special Committee of the Board of Directors of EchoStar Corporation in connection with the transaction.
Deals & Cases
July 17, 2023
On July 17, 2023, Proximus Group announced that it has signed a definitive agreement to acquire, through Proximus Opal, an approximately 58% interest in Route Mobile, a global company specialized in CPaaS services, from the founding shareholders of Route Mobile. As part of the agreement, some of the founding shareholders will reinvest in a minority stake in Proximus Opal, a subsidiary of the Proximus Group and the holding company of Telesign, Proximus’s U.S.‑based affiliate. Cravath, alongside Slaughter and May, AZB & Partners and NautaDutilh, is representing Route Mobile and its founding shareholders in connection with the transaction.
Deals & Cases
March 09, 2023
On March 8, 2023, Airspan Networks Holdings (“Airspan”), a provider of software and hardware for 5G networks and a pioneer in end‑to‑end Open RAN solutions that provide interoperability with other vendors, announced the signing of definitive agreements for the sale of Mimosa Networks, Inc. (“Mimosa”) to Radisys Corporation (“Radisys”), a wholly owned subsidiary of Jio Platforms Limited, which is a subsidiary of Reliance Industries Limited, on a debt free, cash free basis. Cravath is representing Airspan in connection with the transaction.
Deals & Cases
March 01, 2023
On March 1, 2023, Radius Global Infrastructure, Inc. (“Radius”), a leading global aggregator of real property interests underlying wireless telecommunications cell sites and other digital infrastructure assets, announced it has entered into a definitive agreement under which EQT Active Core Infrastructure and Public Sector Pension Investment Board (“PSP Investments”) will indirectly acquire Radius for $15.00 per share in cash, representing a total enterprise value of approximately $3 billion. Upon completion of the transaction, Radius will be a privately held company indirectly wholly owned by EQT Active Core Infrastructure and PSP Investments, as well as Radius management. Radius shares will no longer be listed on any public securities exchange. Cravath is representing Radius in connection with the transaction.
Deals & Cases
February 27, 2023
Cravath represented Cable One, Inc. in connection with $2.8 billion of amended and restated senior secured credit facilities provided by a syndicate of commercial banks and other lenders. The credit facilities consist of $1.8 billion of term loan facilities and a $1.0 billion revolving credit facility. Cable One is a leading broadband communications provider serving more than 1.1 million residential and business customers across 24 states. The transaction closed on February 22, 2023.
Accolades
August 15, 2023
On August 14, 2023, the India Business Law Journal named Cravath among the “Significant Players” in its 2023 ranking of the top international law firms for India‑related work. The publication noted the Firm’s work to help “Indian companies navigate US‑related capital raising transactions, M&A, joint ventures, disputes, and related compliance and reporting advice,” and highlighted its representation of Viatris in its acquisitions of Oyster Point and Famy Life Sciences to create an ophthalmology franchise. The Firm was also recognized for its representation of Airspan in its sale of Mimosa to Radisys on a debt‑free, cash‑free basis.
Firm News
August 14, 2023
Between July 28 and August 11, 2023, Cravath advised on nine announced deals, including seven deals in a span of three business days. Cravath is representing:
Accolades
March 17, 2023
On March 15, 2023, Benchmark Litigation honored Cravath at the publication’s eleventh annual U.S. Awards, which was held in New York City in celebration of “the country’s most distinguished litigators and their firms for their exemplary work over the past twelve months.” The Firm was awarded Benchmark Litigation’s “Antitrust Firm of the Year” award, which recognized Cravath’s representation of clients, including Epic Games, Louis Dreyfus Company and Qualcomm. Cravath partner Timothy G. Cameron accepted the award on behalf of the Firm.
Activities & Publications
December 16, 2022
Cravath partner David J. Kappos and Qualcomm chief economist Dr. Kirti Gupta co‑authored an article entitled “Smartphone Standard Essential Patents Aren’t Driving Litigation,” which was published to the website of Bloomberg Law on December 14, 2022. The opinion piece examines data on patent litigation to challenge the narrative of a “patent war,” and specifically the notion that smartphone standard essential patents are at the root of it.
Accolades
December 15, 2022
On December 12, 2022, Cravath’s antitrust practice was ranked among the “Elite” in Global Competition Review’s 2023 edition of GCR 100, a guide to the world’s leading competition law and economics practices. This is the eleventh consecutive year the Firm has been ranked in the highest tier among New York Firms by GCR. The publication highlighted Cravath’s “bountiful antitrust work,” including its role in securing major victories for clients Louis Dreyfus Company in the denial of the DOJ’s request for an injunction to block its sale of Imperial Sugar Company; Illumina in a groundbreaking trial win rejecting the FTC’s challenge to its $8 billion acquisition of GRAIL; and Qualcomm in a win on appeal which “vacated a ruling that had certified one of the biggest class actions in history.”
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