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› Last week in telecoms: Veon wins, United Internet loses, and infrastructure providers are the biggest winners of 2019 YTD
Last week in telecoms: Veon wins, United Internet loses, and infrastructure providers are the biggest winners of 2019 YTD
2019-06-24 07:00:00| Telecompaper Headlines
(Telecompaper) The Telecompaper Stock Index European Telecoms Services was up just 0.3 percent in week 25, behind the market's broader recovery as per the Eurostoxx 50's gain of 2.6 percent. United Internet, fresh out of the German multiband auction as a newcomer mobile network operator, was the weakest share, losing 7.9 percent. SES was down 7.5 percent as uncertainty over its 5G spectrum holdings in the US persists. VEON was the biggest winner (+18%), followed by Orange Poland (+10%). Of the index heavyweights, Deutsche Telekom was virtually unchanged (+0.1%) and Vodafone lost 2.5 percent.
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Category:Telecommunications
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