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Last week in telecoms: Italian auction taking a toll and Intelsat roaring ahead

2018-10-08 07:00:00| Telecompaper Headlines

(Telecompaper) Last week's telecoms news was dominated by two spectrum auctions, one in Finland and one in Italy. It resulted in generally lower shares prices, with quite a few stocks hitting a year low. Our European telecoms index lost 1.6 percent in week 40, the same as the EuroStoxx 50 index. But it didn't prevent Intelsal from reaching a new all-time high and a year-to-date gain nearing 900 percent.

Tags: week taking italian ahead

Category:Telecommunications

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