Pakistan Telecommunication Company Limited (PTCL) is a leading telecommunications and information technology service provider in Pakistan. I had the opportunity to intern at PTCL for six weeks during the summer of 2021.
During my internship, I was assigned to the Network Operations and Maintenance (NOM) department, where I worked on various projects related to network infrastructure and customer support.
One of the main projects I worked on was the deployment of a new network element at a customer site. This involved installing the equipment, configuring it, and testing it to ensure that it was working properly. I also assisted with the troubleshooting of network issues and the resolution of customer complaints.
In addition to hands-on technical work, I also had the opportunity to attend meetings and presentations, which allowed me to learn more about the various departments within PTCL and the challenges they face. I also had the chance to interact with senior executives and professionals, which was a valuable learning experience.
Overall, my internship at PTCL was a highly enriching and rewarding experience. It not only allowed me to gain practical knowledge and skills in the field of telecommunications, but it also gave me the opportunity to work with a team of highly skilled professionals. I am grateful for the opportunity and am confident that it will benefit me greatly in my future career.
Mercury Athletic Footwear: Valuing the Opportunity Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies
WCF wanted to dispose off this segment. How would you recommend modifying them? AGI is a profitable company; however, its size is not large enough to cater for market expansion opportunities. The head of the business development for Active Gear, Inc, John Liedtke, view this event as a good opportunity to acquire Mercury Athletic. But interestingly only 20% consists of land, the rest is water. Kendall Square Research Corp.
Mercury Athletic Footwear Case Study Solution and Case Analysis
Prepaid expenses might be rent of related to their operations however there is not enough information to assume that prepaid expenses can change aggressively over the projected years. Mercury has fewer DSI, more DSO, and more DPO. Increase volume for their providers. Moreover, the company also uses manufacturers in China for its manufacturing work. Â Review the projections by Liedtke.
Mercury Athletic Footwear Case Study Solution for Harvard HBR Case Study
The Percent revenue in the casual footwear in AGI compensates for the gap in Mercury. In addition, this increase might be justified with the fact that, Mercury its receiving pressure from suppliers in China who need larger orders to operate at full capacity, therefore Mercury might be forced to make larger orders in the future to maintain its current relationship with the Asian suppliers. If in the future the merger happens then this might decrease Accounts Payable This was projected with a 5% average growth rate per year since 2007. Estimated Depreciation This item maintains an average growth rate of 5,67% for the years of 2007-2011. It also uses sales representatives that sell the products through some specialty athletic footwear stores and sports retail stores. Moreover, the most unprofitable line product is women casual footwear. Working capital is calculated by subtracting current liabilities from current assets.
There are three basic assumptions for the projections. Mercury looked like a good opportunity for an attractive investment because they almost have the same revenues, while being smaller in size, in the market. Probably they have credit terms with retailers and shops, although there is not enough information in the case about this, therefore it seems an appropriate projection. This situation considers that the bidder, which tries to target the company with higher price, is considered to be aggressive. John Liedtke was the Business Development Head at that time in Active Gear Inc. The additional opportunities that the company has to improve the results are: Maintain line of Women casual revenues.
Mercury Athletic Footwear: Valuing the Opportunity Case Study Solution for Harvard HBR Case Study
Estimated Capital Expenditures This projected expenditure was based on 5, 67% average growth rate from 2007 until 2011. Mercury also concentrated on a different geographic section than AGI. The company also uses some discount retail stores and specialty and sports retail stores. It comes out to be 2. In the discounted cash flow approach, the following formula is used to calculate the cash flow. AGI manage their providers in China with 85 employees, and Mercury manages 73 professional. How would you recommend modifying them? Table 1: Growth rate Comparison Growth rate Comparison Product Segment Historical Projected Men's Athletic 29.
Mercury Athletic Footwear: Valuing the Opportunity, Sample of Research papers
Decision All the facts and side effects are in affirmation of the decision of acquiring Mercury, and the acquisition looks reasonably appropriate. Moreover, by acquiring Mercury it can double its revenue as estimated in the case. This solution includes: A Word File and An Excel File West Coast Fashions, Inc has decided to dispose off one of their segments, Mercury Athletic. Explain all the assumptions that you make in this process We look at the valuation done by Joel L. Be prepared to defend additional assumptions you make? This wounding has a peculiar effect on the valuation of the company.
Mercury Athletic Footwear Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies
. However, it might me a loss making business for AGI later Refer case study Page 6. Mercury is specialized in designing and distributing the branded athletic and casual footwear. Deferred Taxes Taxes might not suffer any changes, since this the taxes the company will have to pay for the upcoming years. The following table depicts the terminal value calculations. Refer Case study Page 2 and 4. .
Pension Obligation Projections of pensions seems reasonable and with no changes for upcoming years. AGI can use its own management and operational strategies to make this product line profitable since as per the case, this will result in synergies of operations. Mercury athletic footwear Mercury athletic footwear was acquired by the West Coast Fashion in late 2003. Mercury had always been an autonomous body, which maintained its own financials, data management, resource management and distribution. The company already has established relationship with retailers and probably their credit terms will remain the same for the upcoming years. .
Is Mercury an appropriate target for AGI? Review the projections formulated by Liedtke. . There is a huge difference in days Inventory between the two companies. Table 2: Income statement growth rates Growth rate Comparison Historical Projected Total Revenue Growth rate 12. Three calculations give different results because we took assumptions. The production facility is in China. Following formula is used to calculate the terminal value.
