Technology, media and telecommunications (TMT) play a fundamental role in the innovation and growth of any business. For every innovative opportunity created by TMT products or services, however, there is a counterbalancing challenge, risk or threat to business which needs to be addressed. Increasingly, we are seeing the creation of commercial opportunities being accompanied by new regulatory challenges, additional commercial risks and an ever-increasing threat of cyber intrusion.
Our global TMT practice group regularly assists clients in anticipating and navigating these challenges, risks and threats. The breadth of our group extends across many disciplines including:
Technology, media & telecommunications (TMT) play a fundamental role in the innovation and growth of any business. For every innovative opportunity created by TMT products or services, however, there is a counterbalancing challenge, risk or threat to business which needs to be addressed. Increasingly, we are seeing the creation of commercial opportunities being accompanied by new regulatory challenges, additional commercial risks and an ever-increasing threat of cyber intrusion.
Our Technology Experience
We represent customers and suppliers on all aspects of technology, outsourcing and Big Data contracts and disputes, in addition to representing both strategic as well as financial purchasers and sellers in transactions on a wide variety of technology-related projects. With privacy and data protection risks increasing due to emerging technologies, our Chambers Global-recognized Privacy and Cybersecurity Practice Group is at the forefront in advising organizations on how to manage their global privacy and data protection compliance and data breach management programs.
Our Media Experience
Our Telecommunications Experience
Our team has the breadth and depth of experience and capabilities necessary to guide our clients through any investment, merger, acquisition, divestiture or other strategic transaction, such as a spectrum auction, joint venture, public/private partnership, leveraged buyout or spin-off. We also advise customers and suppliers on a wide range of commercial and regulatory communications transactions and disputes, including in connection with managed services, co-location, interconnection and mobile virtual network operator (MVNO) arrangements. We have a number of industry-focused teams, including telecommunications, towers, fiber networks, and wireless and satellite, and our Privacy and Cybersecurity Practice Group works closely with all related practice teams.
Our Other Industry Experience
Our combined experience allows us to provide TMT support in several other industry sectors, including aviation and aerospace, banking and financial institutions, education, energy, infrastructure and cleantech, government, health care, insurance and reinsurance, manufacturing and retail industry and consumer products.
A Locke Lord team led by Sean Fifield (Los Angeles) represented Accelerated Concepts, Inc. in its sale to Digi International for upfront cash of approximately $17 million with a potential for future earn-out consideration based on top line performance.
Ira Greenberg (New York) obtained summary judgment in an action for damages that alleged that our client, American Tower, breached a confidentiality and non-circumvention agreement.
In early 2016, Locke Lord acted as counsel to Lamar Media Corp. as issuer in the Rule 144A and Regulation S placement of $400,000,000 of 5 3/4 percent Senior Notes due 2026.
Boston’s George Ticknor led a team representing Lamar Advertising in its $458.5 million acquisition of the assets of Clear Channel Outdoor Holdings, Inc., in five U.S. markets including Reno, NV, Seattle/Tacoma, WA, Des Moines, IA, Cleveland, OH and Memphis, TN.