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Last week in telecoms: rumours of a Deutsche Telekom/Orange merger, new action plan for Telefonica
2019-12-02 07:00:00| Telecompaper Headlines
(Telecompaper) There was major news concerning the largest incumbents of Europe, Deutsche Telekom, Orange and Telefonica, in week 48. Infrastructure dealings and a number of unlisted companies demanded some attention as well. The Telecompaper European Telecom Services index ended the week up 0.7%. The EuroStoxx 50 index was up 0.4 percent. As a result, the year-to-date underperformance of the telecoms sector was stable at around 14 points. There were two double digit winners, Tele Columbus (+28%) and Syn (Vodafone Iceland, +14%).
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Category:Telecommunications