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Last week in telecoms: private equity taking out Manx Telecom, 5G and Italy remain hot

2019-03-18 07:00:00| Telecompaper Headlines

(Telecompaper) Manx Telecom may be a small operator, its takeover by Basalt Infrastructure Partners was last week's biggest news. It adds to the growing number of constituents that we may have to drop from our Telecompaper Stock Index European Telecoms as a result of M&A activity. The Manx share ended the week up 15 percent. The TPSI European Telecoms gained 3.2 percent, benefitting mostly from the heavyweights making gains: Deutsche Telekom (+4.0%), Vodafone (+4.9%), Telefonica (+3.0%) and Orange (+4.4%). They currently represent 11.8, 7.1, 6.9 and 6.2 percent of the index, which managed to stay just ahead of the EuroStoxx 50 index (+3.1%).

Tags: private week hot taking

 

Maroc Telecom to acquire Tigo Chad from Millicom

2019-03-15 08:32:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom has signed an agreement with Millicom to acquire 100 percent of the shares of its subsidiary Tigo Chad. The acquisition aims to consolidate the presence of Maroc Telecom in Africa, while continuing Millicom's gradual exit from Africa to focus on Latin America.

Tags: telecom chad acquire maroc

 
 

Telecom Italia board backs CEO Gubitosi ahead of boardroom showdown

2019-03-15 01:00:00| Total Telecom industry news

The board of Italy's incumbent telecoms operator, Telecoms Italia (TIM), has thrown its weight behind current CEO, Luigi Gubitosi, ahead of a boardroom showdown scheduled for later this month. The TIM boardroom is split between directors representing the company's largest shareholder…read more on TotalTele.com »

Tags: board italia ahead ceo

 

Telecom Italia back Gubitosi ahead of boardroom showdown

2019-03-15 01:00:00| Total Telecom industry news

  The board of Italy's incumbent telecoms operator, Telecoms Italia (TIM), has thrown its weight behind current CEO, Luigi Gubitosi, ahead of a boardroom showdown scheduled for later this month. The TIM boardroom is split between directors representing the company's largest shareholder…read more on TotalTele.com »

Tags: back italia ahead telecom

 

Telecom Italia backs Gubitosi ahead of boardroom showdown

2019-03-15 01:00:00| Total Telecom industry news

  The board of Italy's incumbent telecoms operator, Telecoms Italia (TIM), has thrown its weight behind current CEO, Luigi Gubitosi, ahead of a boardroom showdown scheduled for later this month. The TIM boardroom is split between directors representing the company's largest shareholder…read more on TotalTele.com »

Tags: italia ahead telecom backs

 

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