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Last week in telecoms: double digit losses for Iliad and Play, double digit gains for Drillisch, United Internet and Gamma

2019-09-09 07:00:00| Telecompaper Headlines

(Telecompaper) The European telecoms sector underperformed the general market in week 36. Iliad and Play suffered double digit losses and not all M&A related news pushed the market towards consolidation. The Italian market remains the embodiment of competition, with all mobile operators beating the promotion drum. Our European Telecoms Services index was up 0.5 percent for the week as a result of a few steep gains, at 1&1 Drillisch, United Internet and Gamma Communications. The EuroStoxx 50 index was up 2.0 percent.

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Brewers build India soft drinks networks to push non-alcoholic beer sales - United Breweries

2019-09-04 16:25:00| Daily beverage news and comment - from just-drinks.com

Heineken partner United Breweries and Anheuser-Busch InBev have set up soft drinks distribution channels in India so that non-alcoholic beers such as Heineken 0.0 can target the country's large soda category, a UB executive has said.

Tags: united sales build india

 
 

Diageo spends US$27.3m to up stake in United Spirits

2019-08-22 14:19:36| Daily beverage news and comment - from just-drinks.com

Diageo has slightly increased its United Spirits holding, raising its stake in the Indian distiller to 55.2%.

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United Internet lowers FY outlook as mobile promotions, lower handset sales slow growth

2019-08-15 09:32:00| Telecompaper Headlines

(Telecompaper) German operator United Internet reported a drop in first-half earnings, to EUR 0.84 per share from EUR 0.91 a year earlier, hurt by a writedown of EUR 34 million on its stake in cable operator Tele Columbus. Revenues and EBITDA were slightly higher, as customer growth offset increased promotions in the mobile market, but the company lowered its full-year growth outlook, due to weaker hardware sales and costs for rolling out its mobile network and price cuts. United Internet said it's also preparing an IPO for its hosting business Ionos and negotiating a new wholesale deal for its telecom business. 

Tags: internet united sales mobile

 

UK Joins United States For Security Mission In Persian Gulf

2019-08-06 16:59:50| OGI

No other countries have joined the mission to protect merchant vessels.

Tags: united states united states security

 

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