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Alibaba founder Jack Ma to retire in 2020, leave mantle to CEO Daniel Zhang

2018-09-10 09:08:00| Telecompaper Headlines

(Telecompaper) Alibaba founder and executive chairman Jack Ma has announced he will be leaving company leadership to CEO Daniel Zhang in 12 months, or about 20 years after starting the firm. Zhang joined Alibaba 11 years ago and became its CEO in 2015, succeeding Jonathan Liu. 

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Category:Telecommunications

Last week in telecoms: Iliad and Tele Columbus down on earnings

2018-09-10 07:00:00| Telecompaper Headlines

(Telecompaper) Investors may have worried more about the general market, down 2.9 percent by way of the Euro Stoxx 50 index, than about the European telecoms sector, which lost 1.3 percent in week 36. Tele Columbus (-22%) and Altice (-15%) were the biggest losers, Montenegro's Crnogorski Telekom (+8.1%) the biggest winner. Of the index heavyweights, Deutsche Telekom (-2.3%) lost and Vodafone (+0.5%) made a small gain.

Tags: on week earnings columbus

Category:Telecommunications

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