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Last week in telecoms: another takeover, focus on Spain and earnings reports
2019-04-29 07:01:00| Telecompaper Headlines
(Telecompaper) Last week's absolute outperformer was KCOM, after it accepted a takeover bid. Other significant news related to network sharing in Spain and a dozen companies reported their Q1 earning. Proximus (-5.4% for the week) was among the weakest shares, apparently without significant news. The Telecompaper Stock Index European Telecoms Services was down 0.3 percent in week 17, versus an almost unchanged EuroStoxx 50 index.
Tags: week
reports
focus
spain
Comcast posts double-digit growth in Q1 after Sky takeover, cable growth
2019-04-25 14:10:00| Telecompaper Headlines
(Telecompaper) Comcast reported double-digit growth in first-quarter results, driven by its takeover of European pay-TV provider Sky. Revenues were up 17.9 percent to USD 26.86 billion, and adjusted EBITDA increased 18.1 percent to USD 8.55 billion. Net earnings increased 16.7 percent to USD 0.77 per share, and free cash flow reached USD 4.6 billion, up from USD 3.1 billion a year earlier.
Hull telecoms company KCOM set for 500m takeover
2019-04-25 11:51:32| BBC News | Business | UK Edition
Shares in the Hull company, which have struggled in recent years, jumped on news of the proposed deal.
Tags: set
company
hull
telecoms
KCom target of 500m takeover bid
2019-04-25 02:00:00| Total Telecom industry news
KCom's board of directors has agreed a £504 million takeover deal with pension fund Universities Superannuation Scheme Limited (USSL). The Hull-based telco said the deal, which comes in at 97 pence per share, represents a 33.8% premium on its closing price on the last practicable date and is 38% above its three…read more on TotalTele.com »
Tags: target
bid
takeover
500m
JD Sports given the go-ahead on Footasylum takeover
2019-04-12 14:36:00| Daily apparel & textile news and comment - from just-style.com
The GBP90.1m (US$119.4m) offer from UK sports apparel retailer JD Sports Fashion to acquire struggling rival Footasylum has been accepted by the two parties' boards.
Tags: sports
takeover
goahead
footasylum
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