Ending its sixth consecutive year of growth, QHS LLC announces the successful completion of 21 client engagements in the telecommunications industry.
QHS LLC operates as a boutique investment banking firm that primarily provides seller-side and lessor-side representation to owners of telecommunication assets – with specialization in FCC spectrum.
From Mitch Steidl, founder and Managing Director of QHS: “Another great year! Our deal flow matched that of 2005 and valuation volume actually increased slightly. The last two quarters saw a marked shift from 900 MHz spectrum sales to the new band that we’ve been studying the past 24 months. We are excited about the prospects of that band in 2007, but it slowed the end of the year for us from significantly exceeding our deal volume in 2005. We believe we’ll see a breakout in deal flow in 2007 and/or 2008 based on the two spectrum bands in which we’ve dedicated significant time and resources this year.”