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Cayman Islands to emerge as key strategic hub for subsea cable sector

2018-02-13 01:00:00| Total Telecom industry news

The Cayman Islands could emerge as a key strategic hub, linking the US with developing markets in Central and Latin America, according to industry experts. "The “Cayman Cable Hub” Concept; given our geographic proximity to just about …read more on TotalTele.com »

Tags: key sector cable islands



TDC would pull out of MTG deal if approach for all its share leads to firm bid

2018-02-12 11:50:00| Telecompaper Headlines

(Telecompaper) Sweden's Modern Times Group (MTG) said that Denmark's TDC Group intends its withdraw recommendation of the combination of MTG Nordic Entertainment and MTG Studios with TDC. TDC said it has been approached by a potential bidder for all of its shares, and that if this party does indeed go ahead and make an offer, the board of director would withdraw its recommendation of the transaction with MTG. TDC said there can be no certainty that the discussions will in fact lead to the potential bidder making an offer.

Tags: to share approach deal

Category: Telecommunications



Last week in telecoms: sector underperforms the market, TDC shines on Macquarie offer, TalkTalk extends downtrend

2018-02-12 08:53:00| Telecompaper Headlines

(Telecompaper) Last week's telecoms stock performance was almost completely overshadowed by the general market correction. Our European Telecoms Stock Index was down 5.8 percent, against -5.6 percent for the Eurostoxx 50 Index. Year to date our basket is down 7.2 percent, underperforming the Eurostoxx 50's -5.1 percent. Very few stock managed to close the week up. TDC (+17.0%) was a shining outperformer on news of a buy-out offer from Macquarie et al. Other stocks in positive territory were Finnish DNA (+1.1%), extending its big gain from the previous week, and satellite group SES +1.8%, having agreed to vacate spectrum for 5G in the US.

Tags: week offer market sector

Category: Telecommunications



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