Technology, Media & Telecommunications
What makes us different?
Capstone analyzes the evolving political landscape that shapes the technology, media, and telecommunications (TMT) sector to identify investment risks and opportunities. As the political and investment landscapes for companies such as Facebook, Amazon, Google, and Twitter evolve, we provide clients with a comprehensive and thorough analysis of the regulatory pressure, legislative trends, and policy catalysts that have massive implications for companies and investors alike.
We live in the weeds.
Our analysts understand the value of both breadth and depth in the TMT space, as new issues are constantly rising amid an existing landscape that dominates markets. We conduct a rigorous review of the public records and hold conversations with relevant regulators, policymakers, and other stakeholders to assess the risks and opportunities for companies and investors in the industry. We have cultivated strong relationships with major industry associations, such as the C-Band Alliance and the Internet Association, as well as with influential privacy groups, senior policymakers, and influential experts, to add value and identify opportunities for growth.
5G and C-Band spectrum
Data privacy and user tracking
General Data Protection Regulation (GDPR)
EU tax on digital companies
Directive on copyright in the Digital Single Market
Our Latest Insights
The Promises and Perils of the Fed’s New Payment System
May 28, 2023 By Keegan Ferguson, Capstone Financial Services Analyst In July, the Federal Reserve is expected to launch its long-awaited FedNow service after piloting the program for months with more than 100 participating financial institutions. The service sets the...
The Race To a Debt Limit Deal: Why the US is Likely to Avert Financial Default
The US will likely reach a debt limit deal to avert default before Treasury’s X date. Navigating the political fault lines will be challenging, but doable. By: Hunter Hammond May 23, 2023 — Capstone assigns a 90% probability that Democrats and Republicans will reach a...
The Next Great Conversion for US Gas Utilities
By Monica Chen, Capstone Energy Analyst In the next decade, we expect to see a fundamental shift in how gas utilities will have to strategize their resource mix based on near-term regulatory and policy changes—developments we believe are underappreciated. Gas...