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Last week in telecoms: 5G, capex budgets and an offer for TDC drive share prices
2018-02-19 08:10:00| Telecompaper Headlines
(Telecompaper) It was a week of recovery, both in the general market and in the European telecoms sector. Our index gained 1.7 percent, versus +3.0 percent for the Eurostoxx 50 Index. One common theme in the recent quarterly results seems to be capex budgets increasing. Also, investors are still grappling with the consequences of satellite companies offering spectrum for 5G usage in the US. And TDC benefited one last time from Macquarie's offer, leaving the share price just below the value of the offer. Year-to-date our basket is lagging the general market.
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Category:Telecommunications