Cravath’s New York Office Moves to Two Manhattan West
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 22, 2024
Cravath represented QUALCOMM Incorporated in connection with its $4 billion revolving credit. QUALCOMM Incorporated is a global leader in the development and commercialization of foundational technologies for the wireless industry. The transaction closed on August 8, 2024.
Deals & Cases
June 11, 2024
Cravath represented the initial purchasers in connection with the €600 million and $750 million 144A/Reg. S high‑yield senior secured notes offering and the €150 million and $200 million 144A/Reg. S high‑yield additional senior secured notes offering of Iliad Holding S.A.S. (“Iliad”), a leading European telecommunications provider. The notes were listed on The International Stock Exchange. The transactions closed on May 14, 2024, and May 16, 2024, respectively.
Deals & Cases
May 28, 2024
On May 28, 2024, United States Cellular Corporation (“UScellular”) announced that it has entered into a definitive agreement to sell its wireless operations and select spectrum assets to T‑Mobile for a purchase price of $4.4 billion, including a combination of cash and up to approximately $2 billion of assumed debt. Under the terms of the agreement, T‑Mobile will acquire UScellular’s wireless operations and approximately 30% of its spectrum assets across several spectrum bands. In addition, T‑Mobile will enter into a new master license agreement with UScellular on more than 2,000 towers. The agreement follows a thorough strategic review process announced in August 2023 and has been unanimously recommended by the independent directors of UScellular and unanimously approved by the Board of Directors of UScellular. Cravath is representing the independent directors of UScellular in connection with the transaction.
Deals & Cases
February 23, 2024
Cravath represented Rogers Communications Inc. in connection with its $2.5 billion registered senior notes offering. Rogers Communications is one of Canada's largest providers of wireless communication services, including cable television, high‑speed internet and telephone services. The transaction closed on February 9, 2024.
Deals & Cases
February 06, 2024
On February 6, 2024, altafiber, provider of integrated communications solutions over its fiber‑optic network to residential and business customers in Ohio, Kentucky, and Indiana, and TowerBrook Capital Partners (“TowerBrook”), the New York and London‑based international investment firm, announced that TowerBrook has agreed to acquire CBTS, a leading North American provider of IT solutions and services, from altafiber. Cravath is representing altafiber in connection with the transaction.
Accolades
March 28, 2024
On March 26, 2024, Cravath partner David R. Marriott was named to Forbes’s 2024 list of “America’s Top 200 Lawyers.” The inaugural list recognized “the finest practitioners in the profession—lawyers with stellar track records in their specialties, those who have broken barriers to emerge as leaders in their fields, and attorneys most respected by peers and clients.” Dave’s accompanying profile highlighted his experience as a “courtroom heavyweight” and his representation of clients including AT&T, Avon Products, Bank of America, Bristol‑Myers Squibb, Colgate‑Palmolive and Delta Airlines. In particular, the publication noted Dave’s achievement of “setting precedent in antitrust and intellectual property law.”
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.
Deals & Cases
August 22, 2024
Cravath represented QUALCOMM Incorporated in connection with its $4 billion revolving credit. QUALCOMM Incorporated is a global leader in the development and commercialization of foundational technologies for the wireless industry. The transaction closed on August 8, 2024.
Deals & Cases
June 11, 2024
Cravath represented the initial purchasers in connection with the €600 million and $750 million 144A/Reg. S high‑yield senior secured notes offering and the €150 million and $200 million 144A/Reg. S high‑yield additional senior secured notes offering of Iliad Holding S.A.S. (“Iliad”), a leading European telecommunications provider. The notes were listed on The International Stock Exchange. The transactions closed on May 14, 2024, and May 16, 2024, respectively.
Deals & Cases
May 28, 2024
On May 28, 2024, United States Cellular Corporation (“UScellular”) announced that it has entered into a definitive agreement to sell its wireless operations and select spectrum assets to T‑Mobile for a purchase price of $4.4 billion, including a combination of cash and up to approximately $2 billion of assumed debt. Under the terms of the agreement, T‑Mobile will acquire UScellular’s wireless operations and approximately 30% of its spectrum assets across several spectrum bands. In addition, T‑Mobile will enter into a new master license agreement with UScellular on more than 2,000 towers. The agreement follows a thorough strategic review process announced in August 2023 and has been unanimously recommended by the independent directors of UScellular and unanimously approved by the Board of Directors of UScellular. Cravath is representing the independent directors of UScellular in connection with the transaction.
Deals & Cases
February 23, 2024
Cravath represented Rogers Communications Inc. in connection with its $2.5 billion registered senior notes offering. Rogers Communications is one of Canada's largest providers of wireless communication services, including cable television, high‑speed internet and telephone services. The transaction closed on February 9, 2024.
Deals & Cases
February 06, 2024
On February 6, 2024, altafiber, provider of integrated communications solutions over its fiber‑optic network to residential and business customers in Ohio, Kentucky, and Indiana, and TowerBrook Capital Partners (“TowerBrook”), the New York and London‑based international investment firm, announced that TowerBrook has agreed to acquire CBTS, a leading North American provider of IT solutions and services, from altafiber. Cravath is representing altafiber in connection with the transaction.
Accolades
March 28, 2024
On March 26, 2024, Cravath partner David R. Marriott was named to Forbes’s 2024 list of “America’s Top 200 Lawyers.” The inaugural list recognized “the finest practitioners in the profession—lawyers with stellar track records in their specialties, those who have broken barriers to emerge as leaders in their fields, and attorneys most respected by peers and clients.” Dave’s accompanying profile highlighted his experience as a “courtroom heavyweight” and his representation of clients including AT&T, Avon Products, Bank of America, Bristol‑Myers Squibb, Colgate‑Palmolive and Delta Airlines. In particular, the publication noted Dave’s achievement of “setting precedent in antitrust and intellectual property law.”
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.
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