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Last week in telecoms: TIM, Kcom, NextGenTel up and earnings season gathers pace
2019-02-18 10:10:00| Telecompaper Headlines
(Telecompaper) The TP Stock Index European Telecoms was up 1.8 percent in week 7, but still trailed the general market, as the EuroStoxx 50 index won 3.4 percent. A number of micro caps made double digit gains (Forthnet 42%, NextGenTel 23%, 3U 15%), but the heavy-weights made limited advances (Deutsche Telekom +0.8%, Vodafone +1.8%). The most eye-catching news from last week was the rumour of Liberty Global (+2.1%), via Virgin Media UK, looking at a possible offer for Kcom (+5.8%). Tele Columbus (-11%) was the week's biggest loser. TIM (+8.8%) was up on news of CDP raising its stake.
Vivendi receives setback in its bid to retake TIM boardroom
2019-02-05 01:00:00| Total Telecom industry news
Telecom Italia's biggest shareholder, Vivendi, has suffered a setback in its quest to regain control of Telecom Italia's boardroom, as the firm's auditors denied its request to bring forward a proposed shareholder meeting by a month…read more on TotalTele.com »
Tags: bid
tim
receives
setback
Activist investor increases stake in TIM ahead of boardroom showdown
2019-02-01 01:00:00| Total Telecom industry news
Elliott Management has increased its stake in Italy's biggest telco, Telecoms Italia (TIM), ahead of a crunch shareholder meeting, scheduled for March. Telecom Italia's boardroom is currently split between its largest shareholder…read more on TotalTele.com »
Tags: ahead
increases
tim
investor
Wetherspoons boss: The no-deal Brexit bar crawl with Tim Martin
2019-01-27 01:28:12| BBC News | Business | UK Edition
Wetherspoons boss Tim Martin is touring 100 of his pubs, campaigning for a no-deal Brexit.
Italy's Agcom opposed to TIM network spin-off plan, launches new consultation
2019-01-21 10:00:00| Telecompaper Headlines
(Telecompaper) Italian communications regulator Agcom has announced that it's essentially opposed to the initial plan submitted by Telecom Italia (TIM) to spin off its fixed access network into a fully controlled separate company. In a lengthy document published on its website, Agcom stopped short of rejecting TIM's proposal to legally separate its network into a new entity (Netco) but said the separation would allow it to retain significant market power in that it could continue favouring its own companies to the detriment of competitors.
Tags: plan
network
tim
consultation
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