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Last week in telecoms: bonds deals for Digital Realty, Altice Europe, Cellnex and a look back at 2019
2020-01-14 21:30:00| Telecompaper Headlines
(Telecompaper) It has been quiet so far on the telecoms front in 2020. A number of companies turned to the debt markets, but not much else happened. We use the opportunity to take a closer look back at 2019. It has generally been a terrific year for equity investors, with the S&P 500 index up 24.8 percent for the year. Alas, not so for telecoms investors in Europe. The Telecompaper European Telecoms Services index was up just 7.5 percent, seriously trailing the S&P 500. However, for infrastructure operators 2019 was a year of rerating.
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