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Charles E. Walters, ASA.
301 320-0628
Cable Television
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RF Spectrum Value
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FINANCIAL VALUATION
The determination of the accurate and defensible fair value of telecommunications company assets for financial reporting purposes.
Corporate management is obligated to provide shareholders, regulators and tax authorities with financial statements that accurately reflect the value of the company's assets. Standards based accounting rules issued by the Financial Accounting Standards Board (FASB) provide guidelines for the valuation of tangible and intangible assets acquired in a merger or acquisition. A detailed tangible and intangible asset valuation assessment forms the basis for accurate fair value financial reporting. Subscriber base intangible assets and FCC spectrum license authorities constitute substantial value in a telecommunications company transaction, as well as in subsequent impairment testing.
Our fair value appraisals are based on standard, accepted appraisal and financial valuation techniques and are prepared in compliance with all applicable FASB standards. A key benefit of our appraisals is that they contain complete documentation of all assets valued. This is essential to support the appraised values for use in financial reporting or review by shareholders or regulatory authorities.