Our Research Methodology
TownHall’s team puts its 60 years of combined experience into collaborating on collecting, analyzing, and concluding based on information its research partners. This collaboration filters out noise and focuses on the most relevant information and its impact.
Our approach is to analyze the wireless and digital communications sectors from the buyer’s point of view. Nearly all of our experts participate in some element of buying or selling decisions. This gives us unparalleled insight into buyer behavior. Indeed, this qualification of regular participation in transactions washes out more expert or consultant candidates than any other factor.
After collecting our data, we apply our analytical experience to drilling down on individual companies to determine the investment relevance and the timing of impact from the changes. While thematic changes guide our strategy, data flow from our industry experts enables us to understand and forecast the shorter-term timing and severity of the change.
We firmly believe it is better to know what customers are doing than what management was saying. As a result, we do not parrot management commentary or endeavor to over-analyze short-term financial noise.
We do build financial models to help us and our clients understand the investment impact of our expert's input. ROE is the core element of our method as it correlates well with valuation and business model sustainability.