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Last week in telecoms: Altice makes a surprise jump and Iliad recovers

2018-05-28 07:30:00| Telecompaper Headlines

(Telecompaper) Last week, Altice was in the spotlights. It's share price was down 65 percent, but correcting for the Altice USA spin-off, there was in fact a 139 percent leap up from the previous week. Altice managed to bring the Telecompaper European telecoms index into positive territory (+0.3%), because without it the sector would have been marginally down (-0.1%). Altice may have been helped in performing this remarkable jump by news of Arcep's president no longer opposing market consolidation. The index outperformed the EuroStoxx 50 index (-1.6%).

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LG operating profit recovers on strong revenue growth in Q4

2018-01-08 08:57:00| Telecompaper Headlines

(Telecompaper) LG said preliminary results for the fourth quarter showed a recovery in its operating profit and strong revenues. The company expects revenues for the quarter to amount to KRW 16.96 trillion, an increase of 14.8 percent year-on-year. The operating result will reach KRW 366.8 billion from a loss the year earlier of 35.2 billion.

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UK service sector recovers from 11-month low

2017-10-04 11:43:17| BBC News | Business | UK Edition

The sector picked up slightly in September, but UK economic growth is still "subdued", a survey says.

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Pound recovers ground after US election

2016-11-11 13:32:09| BBC News | Business | UK Edition

The pound continues to recover ground following the US election result.

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NTSB recovers data recorder from sunken El Faro

2016-08-11 01:00:00| Ship Technology

The National Transportation Safety Board (NTSB) in the US has recovered the voyage data recorder (VDR) from El Faro, a US flagged cargo ship that sank during last years Hurricane Joaquin.

Tags: data recorder faro data recovers

 

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