Altman Solon is the world’s largest strategy consulting firm exclusively focused on the Telecommunications, Media, and Technology (TMT) sectors. Formed in 2020 through the merger of U.S.-based Altman Vilandrie & Company and Europe’s Solon Management Consulting, the firm expanded its global reach by acquiring Australia and New Zealand’s Venture Consulting in 2021.
With over 600 professionals across 15 offices worldwide—including Boston, London, Munich, Singapore, and Sydney—Altman Solon delivers data-driven, actionable strategies to clients ranging from major telecom operators and media companies to private equity investors and technology innovators.
The firm’s services encompass strategy development, go-to-market planning, operations optimization, capital markets advisory, and network planning. Altman Solon has been instrumental in shaping key industry advancements, such as fiber network deployments, 5G rollouts, OTT media transitions, and cloud computing strategies.
Renowned for its deep sector expertise and global perspective, Altman Solon has consistently been recognized as a top TMT strategy consultancy, maintaining its leadership position since 2012.
Historical Overview
Altman Solon is a leading strategy consulting firm exclusively focused on the Telecommunications, Media, and Technology (TMT) sectors. The firm’s origins trace back to two independent consultancies on different continents. In 1996, Solon Management Consulting was founded in Munich by Tilman Rhein, Martin Weiss, and Hubertus von Wulffen, growing into a premier European TMT advisor. Later, in 2002, Altman Vilandrie & Company was established in Boston by Rory Altman and Ed Vilandrie, specializing in strategy consulting for telecom, media, technology, and related investor clients. For over a decade, the two firms collaborated closely on international projects, building a transatlantic partnership. This relationship culminated in July 2020 when Altman Vilandrie & Company and Solon Management Consulting formally merged to create Altman Solon, uniting their expertise and geographic reach under one brand. The merger created the world’s largest consulting group focused exclusively on TMT, with roughly 300 consultants across eight offices at launch. In the years following the merger, Altman Solon continued to expand: in 2021 it acquired Venture Consulting, the leading TMT consultancy in Australia/New Zealand, marking a strategic entry into the Asia-Pacific region. The firm also opened multiple new offices (Los Angeles, Mexico City, Singapore, Sydney, and Zurich in 2020-2021), extending its footprint during its first year as a combined entity. Further expansion continued through 2024, including a new office in Amsterdam to serve the Benelux region and plans to launch in Stockholm by early 2025 to anchor the Nordics. These milestones reflect Altman Solon’s evolution from its regional roots into a truly global firm dedicated to the TMT domain.
Leadership and Key Executives
Strong leadership has been pivotal to Altman Solon’s growth. Rory J. Altman (co-founder of Altman Vilandrie) played a central role in the merger and remains a Managing Partner, guiding the firm’s strategy and vision. His co-founder, Ed Vilandrie, was instrumental in establishing the firm’s early reputation in the U.S. market. On the European side, Patrick Bellenbaum emerged as a key figure – having led Solon Management Consulting, he served as co-Managing Partner of Altman Solon from 2020 through 2023, steering the transatlantic integration and initial growth. In 2024, the firm broadened its top leadership: Rory Altman was joined by Matthias Hamel, Dan Lerner, and Justin Jameson as global co-Managing Partners. Matthias Hamel (based in Munich, with the firm since 2005) is a telecom expert who helped drive Solon’s expansion in Europe. Dan Lerner (London-based, with Altman since 2011) has led major technology and telecom initiatives and now oversees many European operations. Justin Jameson (Sydney-based) was the founder of Venture Consulting and brought deep Asia-Pacific expertise; after the acquisition, he became a Partner and now a Managing Partner championing growth in APAC. Together, this leadership team reflects the firm’s global scope. Additionally, the original Solon founders – Tilman Rhein, Martin Weiss, and Hubertus von Wulffen – laid the foundation of the European business and culture. As the firm grew, numerous other Partners have driven sector-specific practices. For example, senior leaders like Matthias Hamel and Björn Menden (Europe), Micah Ginsberg and Derek Baston (Americas), and Jan-Lasse Seidenstücker (Europe) have each led high-impact projects and contributed to Altman Solon’s reputation. The collective leadership emphasizes a partnership-driven model rather than a single-CEO structure, ensuring that regional insights and sector expertise guide the firm’s direction. This team approach to leadership has been key to scaling the business while maintaining its specialized focus.
Industry Focus and Expertise
Altman Solon’s entire practice is dedicated to the TMT industries, giving it a unique depth of expertise in these sectors. The firm works globally across Telecommunications, Media & Entertainment (including Digital Media), and Technology industries, as well as with the investors in these realms. In telecommunications, Altman Solon advises wireline and wireless operators, broadband and cable companies, tower and fiber infrastructure providers, and emerging 5G and satellite players. The firm has worked with seven of the world’s top ten telecom companies, supporting strategies for network deployment, spectrum investments, and market growth. In the media and content domain, it serves major broadcasters, film and television studios, streaming/OTT platforms, gaming companies, and sports and news media enterprises – altogether six of the top ten global media firms have been among its clients. Altman Solon helps these companies navigate digital disruption, from the shift to streaming video and on-demand content, to new advertising and monetization models. In technology, the firm advises a broad range of clients including software companies, hardware manufacturers, cloud service providers, and IT services firms – it counts seven of the top ten global technology companies as clients. Typical engagements involve cloud computing strategies, SaaS market entry, product launch planning, and assessing emerging tech like AI or IoT for new business opportunities. Beyond corporate clients, Altman Solon is also a trusted advisor to investors (private equity, infrastructure funds, venture capital) that focus on TMT. The firm regularly conducts commercial due diligence for major telecom and media M&A deals, advises on portfolio strategy, and identifies investment opportunities in tech infrastructure and services. By concentrating exclusively on TMT, Altman Solon has built institutional knowledge of industry trends, benchmarks, and best practices that rivals larger generalist firms. Its consultants are true specialists in sub-sectors like fiber networks, 5G wireless, streaming media, esports, cloud platforms, cybersecurity, and other niches within TMT. This focus enables the firm to bring nuanced insights and tailor-made strategies to companies operating in rapidly evolving, high-tech environments.
Consulting Methodologies and Strategic Approach
Altman Solon’s consulting approach is distinguished by its combination of deep sector knowledge and rigorous analytical methodology. Because the firm is solely focused on TMT, teams enter each engagement with a strong baseline understanding of the client’s business model, technologies, and market context – reducing the need for lengthy ramp-up and allowing for faster, insight-driven progress. The firm emphasizes a data-driven, quantitative approach to strategy: consultants perform detailed market modeling, financial analysis, and scenario planning to inform recommendations. Altman Solon has even developed proprietary analytical tools – for instance, its “Arrow” network planning software helps telecom operators design fiber and 5G networks using algorithmic route optimization, dramatically shortening the time needed to evaluate network build-out options. In a typical project, the team works through hypothesis-led problem solving: they begin by identifying the client’s key questions and formulating initial hypotheses, then structure a work plan of analyses to prove or refine those hypotheses. The methodology is highly collaborative both internally and with the client. Altman Solon forms small, agile project teams that blend consultants with different expertise (e.g. a media expert, a telecom network engineer, a financial modeler) to tackle the multi-faceted nature of TMT problems. Regular interim workshops and updates with the client ensure alignment and knowledge transfer. The firm’s style is often described as hands-on and pragmatic – rather than just delivering reports, Altman Solon partners closely with client teams to implement solutions and realize results. Its strategic recommendations are coupled with actionable roadmaps and, when needed, operational support in areas like go-to-market execution or network rollout planning. Altman Solon consultants are trained in classic management consulting tools (market segmentation, competitive analysis, value proposition design, etc.) but always tailored to TMT specifics. They keep abreast of technical trends (for example, developments in AI, cloud architecture, telecom protocols) so that strategies are grounded in what is technically and commercially feasible. The firm’s guiding philosophy is to provide clear, rapid, and customized solutions for complex TMT challenges, leveraging their sector focus to deliver deeper insight and faster impact than more generalized consulting approaches. This means clients often see Altman Solon as an extension of their own strategy team, valued for both high-level advisory and the ability to dive into technical-operational details when necessary.
Global Operations and Office Network
Since its formation, Altman Solon has established a truly global presence to serve clients in all key markets. As of 2025, the firm operates from 15 offices worldwide spanning North America, Europe, Asia, and Australia. In the Americas, major offices include Boston (the firm’s original U.S. hub), New York City, Los Angeles, and Mexico City. The Boston and NYC offices anchor the firm’s work in the United States and Canada, while the Los Angeles office (opened in 2020) extends coverage to West Coast tech and media clients. The Mexico City office (opened 2020) serves telecom and media markets across Latin America. In Europe, Altman Solon has a strong footprint inherited from Solon’s legacy. The flagship European offices are Munich (where Solon was founded) and London, both housing a large share of the firm’s partners and expertise. Additional European locations include Paris, Milan, Warsaw, and the newly added Amsterdam and Stockholm hubs. The Paris and Milan teams support Southern European clients, Warsaw covers Central/Eastern Europe, and the Amsterdam office (launched in late 2024) serves the growing Benelux market. The Stockholm office, announced in early 2025, expands Altman Solon’s reach into the Nordic region, reflecting the firm’s commitment to local presence in tech-forward economies. In the Asia-Pacific region, Altman Solon operates an Asia Pacific hub split between Singapore and Sydney. The Singapore office (opened 2021) and Sydney office (established through the Venture Consulting acquisition in 2021) together service clients across Southeast Asia and Oceania, including telecom operators, media companies, and regional investors. Additionally, the firm has a presence in Zurich, serving Swiss and sports/media clients, and a smaller office in Stockholm (Nordics) as noted. This global office network enables Altman Solon to combine local market knowledge with international experience. Teams often work across offices on projects – for example, a U.S. tech client expanding into Europe might have consultants from New York and London collaborating. Beyond physical offices, Altman Solon’s reach extends to over 100 countries where it has completed projects, thanks to its consultants’ ability to travel and its long-established partnerships in regions like Africa and the Middle East. The firm’s operational structure is integrated globally, meaning methodologies and training are consistent across offices, and talent is often exchanged internationally (consultants have opportunities to work in multiple regions). This international integration allows the firm to deliver advice that is globally informed but locally relevant, which is critical in industries like telecom and digital media that operate across borders.
Career Progression and Compensation
Altman Solon offers a clear yet flexible career path for its consultants, with opportunities for rapid advancement based on merit. The consulting career levels are similar to those at other strategy firms, albeit with some unique title conventions. Entry-level professionals (often joining from undergraduate programs) typically start as Analysts. After gaining experience and demonstrating core consulting skills, they progress to Consultant (a role that involves more independent workstream leadership). Beyond that, high performers advance to Senior Consultant, taking on team leadership for parts of a project. The next step is Manager, where one leads entire project engagements and oversees multiple consultants and analysts. Above the Manager level, Altman Solon has a Principal role (sometimes also referred to as Associate Partner in certain regions), which denotes a senior project leader beginning to develop client accounts and thought leadership. Finally, there are Partners, who own client relationships, generate new business, and guide the firm’s strategic direction. At the very top, a handful of Managing Partners (as discussed in Leadership) steer the global firm. Notably, Altman Solon emphasizes a meritocratic progression – consultants are not bound to rigid time-in-grade and can be promoted as fast as their performance warrants, which means an outstanding consultant could reach Manager or Principal more quickly than the industry norm. The firm also supports consultants who pursue further education (e.g. offering sponsorship for MBA programs after a couple of years of work).
In terms of compensation, Altman Solon is known to offer highly competitive packages to attract top talent, on par with or exceeding many larger firms especially for its specialized market. In the United States, an entry-level Analyst or Consultant (with an undergraduate degree) has a base salary roughly in the $90,000–$100,000 per year range, plus performance bonuses that can add another ~15% of base pay, and a signing bonus for new hires. This brings first-year total compensation for new graduates into the low six figures, which is very competitive for the industry. MBA or advanced-degree hires who join at a higher level (often at Senior Consultant or Manager level) command significantly higher pay – recent figures indicate MBA-entry base salaries around $170,000–$175,000, with signing bonuses of $25,000–$30,000 and performance bonuses that can reach 25% of base. Thus, total first-year compensation for an MBA hire can approach $220,000 or more, putting Altman Solon in line with other top consulting firms in rewarding post-MBA consultants. As consultants climb the ranks, their compensation grows substantially: experienced Managers and Principals in the U.S. often earn total packages in the mid-to-high six figures (inclusive of bonuses and profit-sharing), depending on performance and region. Partners, who share in firm profits, can earn seven-figure incomes, reflecting their contributions to winning and delivering business.
Compensation at international offices is calibrated to local market levels but remains generous relative to those benchmarks. For example, in major European hubs like London or Munich, new graduate hires receive competitive starting salaries (often in the range of €50,000–€60,000 or equivalent, with bonuses on top), which is at the high end for those economies. In some regions, Altman Solon has led the market on pay: in Australia, after integrating Venture Consulting, the firm reportedly offered graduate consultants about A$105,000 base salary (excluding superannuation) – one of the highest graduate consulting salaries in that market. Altman Solon’s philosophy is to reward performance, so high achievers earn larger bonuses globally. Additionally, benefits such as paid time off (around 20 days vacation for juniors in the U.S.), retirement plan contributions (e.g. 401k matching in the U.S.), and other perks (health insurance, wellness benefits, etc.) are part of the package. The firm’s relatively smaller size (several hundred consultants versus thousands at big firms) allows it to maintain a personalized approach to career development and compensation, ensuring that exceptional work is recognized. Consultants often cite the combination of top-tier pay and the firm’s specialized focus as a key reason for joining and staying at Altman Solon.
Thought Leadership and Research Initiatives
Altman Solon places a strong emphasis on thought leadership as a way to both serve clients and elevate its profile in the TMT industry. The firm regularly produces research reports, market studies, and white papers on cutting-edge topics in telecommunications, media, and technology. These publications are often released through the firm’s “Insights” series on its website and are freely shared with the industry. For instance, Altman Solon conducts an annual Global Sports Streaming & Entertainment Survey, analyzing consumer behaviors and investor sentiments in sports media – its 2024 edition highlighted technology solutions as the top investment area for sports media in the next few years. Similarly, the firm has published studies on telecom trends such as the adoption of 5G and Generative AI in telecommunications, providing data on how many telecom operators achieve their ROI targets with new tech (one recent study noted fewer than half of telcos’ generative AI implementations met business goals, sparking discussion in the industry). Altman Solon consultants frequently author articles on emerging themes like fiber infrastructure financing, cloud gaming, OTT video economics, and enterprise software trends. These insights are picked up by trade publications and help shape industry conversations.
In addition to written thought leadership, Altman Solon is active in industry conferences and events. The firm often partners with sector-specific conferences to share insights – for example, it has collaborated with the International Sports Convention (ISC), providing analysis and content for event attendees on media rights and sports tech. Altman Solon also hosts its own events and forums: one notable series is the “Thought Leadership for Tomorrow” events, which are networking and knowledge-sharing gatherings organized by the firm (such as an annual New York forum where Altman Solon experts and guest industry speakers discuss future trends in TMT). The firm’s senior partners are in demand as speakers at conferences like Mobile World Congress, NAB (National Association of Broadcasters) Show, and streaming media summits, where they present perspectives on market evolution. Altman Solon uses these platforms to solidify its reputation as an authority in its niche.
Furthermore, the firm contributes to academic and professional knowledge development. It has partnerships with business schools and universities (for instance, offering case studies or sponsoring student competitions in TMT strategy). Altman Solon’s consultants often publish articles in journals or op-eds on platforms such as Telecoms.com, Digital TV Europe, and TechCrunch, offering expert commentary. Internally, the firm encourages a culture of intellectual curiosity – consultants engage in internal research projects and knowledge-sharing sessions to continually build expertise. The result of these initiatives is a library of thought leadership that not only aids in business development (clients often approach the firm after reading its reports) but also genuinely advances understanding in the telecom, media, and tech sectors.
Notable Engagements and Impact
Over the years, Altman Solon has been involved in numerous high-impact consulting engagements that have shaped strategies and investments across the TMT landscape. A hallmark of the firm’s work is its deep involvement in telecom network deployment strategies. For example, Altman Solon has assisted major telecommunications operators in planning and rolling out extensive fiber-optic broadband networks across North America and Europe. Nearly every large-scale fiber deployment on both continents in the past decade has seen the firm’s imprint – whether through demand forecasting, network route optimization (using tools like their Arrow platform), or business case development that helped carriers justify multi-billion dollar capital investments. These projects have accelerated high-speed internet coverage for millions of customers. In the wireless arena, Altman Solon has guided top mobile carriers through successive generations of technology, from 4G LTE expansion to the current 5G implementation wave. The firm has advised on spectrum auction strategies, optimal cell-site and tower placement (including the evaluation of tower sharing vs. new builds), and even handset and device ecosystem planning. One engagement involved helping a consortium of mobile operators and infrastructure providers coordinate a nationwide 5G tower rollout strategy – ensuring rapid coverage build-out while managing costs and regulatory approvals. The result was one of the fastest 5G network launches in that market, giving the client a competitive edge.
In the media sector, Altman Solon has worked with global media conglomerates and emerging digital platforms alike. A distinctive engagement in recent years involved a traditional television network transitioning to streaming and OTT (over-the-top) services. Altman Solon’s team helped the client reimagine their content distribution strategy, evaluate the financial implications of shifting from linear TV to direct-to-consumer streaming, and develop partnerships for content delivery. This engagement was critical in enabling the client to launch a successful streaming platform that has now become a core part of their business. The firm has also advised film studios and sports leagues on maximizing media rights in the era of digital streaming, often modeling different distribution scenarios to inform negotiations worth hundreds of millions of dollars. Another high-impact project saw Altman Solon support a major music label in developing its digital strategy for global music streaming and artists’ online monetization, aligning the company’s investments with the streaming boom.
On the technology front, Altman Solon has been instrumental in helping tech companies and IT service providers navigate new market entries and growth opportunities. One notable example is the firm’s work with a large enterprise software company exploring the cloud computing market. Altman Solon performed a comprehensive market analysis and competitive benchmarking, ultimately guiding the client’s strategy to launch a hybrid-cloud product offering. This advice acknowledged that many enterprise customers favored a mix of on-premise and cloud solutions, leading the client to adopt a hybrid approach that became a selling point and helped capture significant market share. The firm’s recommendations in this case influenced the client’s product roadmap and go-to-market tactics, contributing to a successful growth spurt in a highly competitive space.
Additionally, Altman Solon has become a go-to advisor for private equity and infrastructure investors making big bets in TMT. The firm has conducted commercial due diligence on numerous high-profile deals – for instance, evaluating the business plans of a fiber network operator acquisition, analyzing the subscriber growth projections of a streaming service target, or assessing the revenue streams of a mobile tower portfolio. Their rigorous analysis often informs investment decisions on deals valued in the billions. In one instance, Altman Solon’s due diligence for an investor considering the purchase of a European mobile operator uncovered hidden value in the operator’s spectrum assets and identified operational improvements; the insights helped the investor negotiate a better price and form a clear post-acquisition strategy, ultimately leading to a successful turnaround of the operator under new ownership.
Across these engagements, Altman Solon has built a reputation for impactful results and lasting client value. Clients often credit the firm for not only delivering sharp strategic plans but also helping implement them effectively. Many of Altman Solon’s projects have had era-defining outcomes – from accelerating the spread of new communications technology (like fiber and 5G) to reshaping how media companies monetize content in the digital age. The firm’s work is frequently behind the scenes, given the sensitive and competitive nature of TMT strategy, but its influence is evident in the marketplace: faster internet connections, new streaming platforms, savvy tech investments, and successful telecom mergers have all been part of Altman Solon’s consulting legacy. These high-impact engagements underscore the firm’s distinctive ability to combine strategic vision with technical and operational know-how in the TMT arena, making Altman Solon a sought-after partner for the most challenging and significant projects in its field.
Consulting Firm Profiles:
- Accenture
- Accordion Consulting
- Advisory Board
- AlixPartners
- Alvarez and Marsal
- Altman Solon Consulting
- Analysis Group
- Ankura Consulting Group
- Archstone Consulting (Acquired by The Hackett Group, Inc)
- Arthur D. Little
- Arthur J. Gallagher & Co.
- Arcadis
- Aon Consulting Services
- Arup Group
- Atos Group and Atos Consulting
- Bain & Company
- Baker Tilly International
- Bates White Economic Consulting
- BDO Consulting
- BearingPoint
- Berkeley Research Group
- BNP Paribas CIB Consulting & Transformation
- Booz Allen Hamilton
- Boston Consulting Group
- Bridgespan Group
- Capco Consulting
- Capgemini
- Capgemini Invent
- Carpedia International Consulting
- CGI Inc.
- Charles River Associates (CRA)
- Chemonics International Inc.
- ClearView Healthcare Partners
- Coalition Greenwich
- Cognizant Technology Solutions
- Compass Lexecon
- Computer Sciences Corporation (CSC) and Evolution into DXC Technology
- Cornerstone Research
- Corporate Executive Board (CEB)
- Crowe Global and Crowe LLP
- Dalberg Global Development Advisors
- Deloitte
- DGC Partners LLC
- dss+ (Formerly DuPont Sustainable Solutions)
- Environmental Resources Management (ERM)
- Everest Group (acquired by Wavestone)
- EVERSANA and EVERSANA CONSULTING
- EXL Service
- EY Consulting
- EY-Parthenon
- FTI Consulting
- FTI Delta (formerly Delta Partners)
- Forvis Mazars
- Galt & Company (acquired by AlixPartners)
- Gartner Inc. and Gartner Consulting
- GEP Worldwide
- ghSMART Consulting
- Grant Thornton Consulting – U.S. and Global
- Guidehouse
- Hay Group (acquired by Korn Ferry)
- HCL Axon Consulting
- HCLTech Consulting
- HDR, Inc.
- Health Advances Consulting
- Hewitt Associates (acquired by Aon)
- Hitachi Consulting (acquired by Hitachi Vantara)
- HP Enterprise Services Consulting (acquired by Hewlett Packard Enterprise)
- Horváth & Partners Consulting
- Huron Consulting Group
- IDEO
- IBM Consulting
- Infosys Ltd and Infosys Consulting
- Information Services Group (ISG) Consulting
- IQVIA Consulting Business
- INSIGHT2PROFIT Consulting
- Ipsos Consulting
- Jacobs Solutions Consulting
- John Wood Group PLC
- Kantar
- Kearney
- Korn Ferry
- KPMG
- Kroll (formerly Duff and Phelps)
- Kurt Salmon (acquired by Accenture)
- Larx Advisors Consulting
- Launch Consulting Group
- Leidos
- L.E.K. Consulting
- LTIMindtree
- Maine Pointe Consulting (acquired by SGS Group)
- Marakon Consulting
- Marsh & McLennan
- Mars & Co
- Mastercard Advisors and Mastercard Data & Services Division
- McKinsey & Company
- Mercer Consulting
- Metyis
- Miller Heiman Group
- Mitchell Madison Group
- Monitor Deloitte
- Mott MacDonald
- Navigant Consulting (acquired by Guidehouse)
- NERA Economic Consulting
- Newton Consulting Partners
- North Highland Consulting
- NTT DATA Consulting and NTT DATA Inc
- OC&C Strategy Consultants
- Oliver Wyman
- PA Consulting
- Palm Tree LLC
- Parsons Corporation
- Partners in Performance (acquired by Accenture)
- Point B Inc.
- Pointe Advisory
- Porsche Consulting
- ProcureAbility
- Propeller Consulting LLC
- Protiviti
- PRTM Consulting (acquired by PwC)
- Putnam
- PwC Consulting and Strategy&
- Ramboll
- RAND Corporation
- Riveron Consulting
- RGP Global Consulting Firm
- Roland Berger
- RSM International
- Schlumberger Business Consulting (acquired by Accenture)
- Science Applications International Corporation (SAIC)
- ScottMadden Consulting
- Simon-Kucher & Partners
- Slalom Consulting
- SSA & Company
- Stantec
- Strategy& (PwC)
- St. Onge Company
- Syneos Health Consulting
- SynFiny Advisors
- Targus Management Consulting AG
- Tata Consultancy Services
- Teneo Consulting
- Tetra Tech Consulting
- The Brattle Group
- The Cambridge Group
- The Chartis Group
- The Hackett Group
- Tompkins Solutions
- TriVista Consulting
- Visa Consulting & Analytics (VCA)
- Wavestone Consulting
- West Monroe Partners
- Willis Towers Watson Consulting
- Wilson Perumal & Company
- Wipro Consulting
- Worley
- WSP Global
- Xynteo
- ZS