

Independent due diligence of a Canadian mobile operator’s business plan in support of a potential debt transaction, supported by export credit agencies.
Our review included a detailed assessment of the adequacy of the operator’s spectrum holdings and network investment plan to meet expected levels of growth of customer data traffic in the future.
We also reviewed the key KPIs and forecasts in Wind’s business plan (subscriber growth, ARPU, CCPU, working capital, etc.) and identified areas where sensitivities to the business plan could prudently be added.
