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Last week in telecoms: convergence driving the European telecoms sector; BT and Tele2 increase home market focus

2019-07-01 07:00:00| Telecompaper Headlines

(Telecompaper) Telecoms shares were mostly down in week 26. Our index was off 0.7 percent, versus a minor 0.2 percent gain for the benchmark, the EuroStoxx 50. Orange Poland and Play Communications were down 7.1 and 5.7 percent in apparent profit taking. The volatile Ice Group was the week's winner, up 25 percent. Year to date, the Telecompaper Stock Index European Telecoms Services is up 5.8 percent, considerably underperforming the EuroStoxx 50 index, which is up 12.6 percent.

Tags: home week market increase

Category:Telecommunications

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