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› Last week in telecoms: all infrastructure shares up double-digit year-to-date, CK Hutchison prepares tower spin-off
Last week in telecoms: all infrastructure shares up double-digit year-to-date, CK Hutchison prepares tower spin-off
2019-08-05 07:00:00| Telecompaper Headlines
(Telecompaper) The European telecoms sector was driven by earnings reports in week 31. Whereas the EuroStoxx 50 index was down 4.2 percent for the week, our European Telecoms Services index lost just 0.3 percent. Forthnet (+57%) was the biggest winner, but remains a micro cap. Altice Europe was up 23 percent and both Turkish shares lost the most of our index constituents: Turk Telekom (-9.1%) and Turkcell (-7.7%).
Tags: week
shares
tower
infrastructure
Category:Telecommunications
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