Janvier 2026 - Internship - Telecom, Media & Entertainment team - Paris

Descrizione del lavoro:

Paris

Financial Advisory

Off-cycle Internship

Background :

LAZARD, independent world leader in Mergers & Acquisitions Advisory (M&A), works on every kind of transactions for prestigious clients in France and all over the world.

The Financial Advisory group offers a complete range of services including among others:

* Mergers and Acquisitions;
* Asset disposals;
* Restructuring;
* Strategic partnerships;
* General financial advisory.

Job description :

We are looking for an intern with a previous experience in Mergers and Acquisitions (M&A), for our EMEA team specialized in Telecom, Media & Entertainment.

The Telecom, Media & Entertainment team benefits from an unparalleled track-record in its industry and works on M&A deals across the whole EMEA region and beyond, based in Paris.

You will join a team of c.10 bankers having worked together on more than 60 transactions over the last 3 years including landmark deals such as:

* The sale of Iliad's tower assets in France and Italy to Cellnex (EUR2.6bn EV)
* The spin-off of Altice USA ($40bn EV)
* The acquisition of Irish incumbent Eir by Xavier Niel's holding ($4.1bn EV)
* The sale of a minority stake in Altice Europe's Portuguese unit MEO to Morgan Stanley Infrastructure Partners (EUR4.6bn EV)
* Advised TIM in the creation of FiberCop, the leading passive fiber wholesaler in Italy (EUR7.7bn EV)
* Advised Altice Europe on its take-private by Next Alt, a holding company controlled by Mr. Patrick Drahi (EUR38.2bn EV)
* Advised Iliad on the acquisition of Play in Poland and the concomitant sale of Play tower assets to Cellnex
* Advised Vodafone on its Joint Venture agreement with Altice to create OXG, an urban-focused cable to fiber wholesale operator in Germany (EUR9.4bn Project Financing)
* The sale of Altice's French Towers (Hivory) to Cellnex ($5.2bn EV)
* The acquisition of Sykes, a US customer experience management services company, by Sitel ($2.2bn)
* Advised Atlas Investissement (Iliad) on its acquisition of stake in Millicom in Central and South America
* The sale of Altice Media (inc. BFMTV and RMC notably) (EUR1.6bn)
* Advised Orange on its merger with Masmovil in Spain (EUR18.6bn combined EV)
* Advised Freya Investissement (Iliad / NJJ Holding) on its acquisition of a 19.8% stake in Tele2 in Sweden (EUR1.2bn transaction)

The team ranks first in terms of volume of transactions in its industry and is led by telecom rain-maker Vincent Le Stradic. It serves clients globally and benefits from a strong exposure in the most important transactions in the sector - it is widely recognized for its expertise in Telecom Media & Entertainment and the quality of its M&A advisory.

Responsibilities will include:

* Perform detailed sector and company research
* Prepare presentation and business cases on specific situation
* Conduct strategic and financial analysis
* Assist the team in company valuations and financial modeling

Profile:

* Strong academic background from a top class degree(s) in finance from a leading university/school;
* Required experience in investment banking;
* Hard skills: Strong analytical and modelling skills, strong investment banking skills (process management notably);
* Soft skills: Excellent communication and teamwork skills, autonomy, customer-focused;
* Fluent in English.

This position is available for Janvier 2026, for a period of 6 months and is based in Paris.

Inclusion at Lazard:

Lazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.

Our appreciation of diversity's strength is ingrained in our multi-cultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for several decades.

#

LI-SA1