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Last week in telecoms: a bidder for Forthnet, Digi out of Hungarian 5G auction, Deutsche Telekom to integrate T-Mobile US

2019-09-23 07:00:00| Telecompaper Headlines

(Telecompaper) Our Eurpean Telecom Services index was up 1.2 percent for week 38, outperforming the EuroStoxx 50 (+0.6%). Forthnet, the Greek ISP, led as it gained 66 percent on takeover news. Altice Europe (+14%) and Tele2 (+7.0%) also did well. Iridium, down 16 percent, was the weakest stock. Year-to-date, our index is up 9.0 percent, far behind the EuroStoxx 50, which is up 19.0 percent.

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Category:Telecommunications

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