Valuation of a Company offerings Home Broadband solutions

Hi all, I'm working with a company that offers broadband solutions (data, VoIP, cable) to subscribers in rural and remote areas. The company background is as equipment manufacturers - they are all engineers - but have been able to negotiate spectrum agreements in emerging markets that allows them to now build telecom companies in these countries. Question for you all - how would you value this kind of platform? It's not just about DCF/discount rate - could you make an argument that they get a multiple of MRR as a subscription based business? 

Thanks - kind of a noob, seeking to help them out as a favour - they are undercapitalized, good team seeking to help bridge the global data divide - any help appreciated. 

2 Comments
 

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