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Tag: telecoms
Last week in telecoms: MasMovil benefits from Orange Spain deal, Sunrise reduces rights issue and KPN appoints new CEO
2019-10-07 07:01:00| Telecompaper Headlines
(Telecompaper) MasMovil was the biggest winner in Europe's telecoms sector, last week, up 22 percent. Our European Telecoms Services index closed week 40 with a small loss of 0.8 percent, beating the EuroStoxx 50 index which was down 2.8 percent. The weakest stocks included micro caps Forthnet, down 11 percent, and Go Internet, losing 8.6% after reporting its H1 results.
Last week in telecoms: Sunrise/UPC and Telenor/DNA deals moving forward but at a different pace
2019-09-30 07:05:00| Telecompaper Headlines
(Telecompaper) Last week was relatively uneventful for the European telecoms market. The proposed Sunrise/UPC merger in Switzerland hasn't been resolved yet, but Telenor is nearing the full takeover of Finnish DNA. Our European Telecoms Services index ended week 39 up 0.5 percent, versus a decline of 0.7 percent for the EuroStoxx 50 index. SES (+11%), Altice Europe (+7.7%) and Cellnex (+6.3%) were the biggest winners, Forthnet the biggest loser (-22%).
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Last week in telecoms: a bidder for Forthnet, Digi out of Hungarian 5G auction, Deutsche Telekom to integrate T-Mobile US
2019-09-23 07:00:00| Telecompaper Headlines
(Telecompaper) Our Eurpean Telecom Services index was up 1.2 percent for week 38, outperforming the EuroStoxx 50 (+0.6%). Forthnet, the Greek ISP, led as it gained 66 percent on takeover news. Altice Europe (+14%) and Tele2 (+7.0%) also did well. Iridium, down 16 percent, was the weakest stock. Year-to-date, our index is up 9.0 percent, far behind the EuroStoxx 50, which is up 19.0 percent.
Meet the finalists: The WCA 2019 Woman in Telecoms award
2019-09-20 02:00:00| Total Telecom industry news
Next month the World Communication Awards 2019 will come to London, celebrating innovation and success a ross the length and breadth of the global telecoms sector. In doing so, it will continue to shine a light on workplace diversity, with a number of categories that recognise the companies and individuals who are taking steps to improve levels of equality within the industry. This year, the Woman in Telecoms award received more nominations than ever before, giving the judges plenty of food for thought in their deliberations. Last year’s winner of the Woman in Telecoms award, Catherine Michel…read more on TotalTele.com »
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telecoms
Last week in telecoms: balance sheets taking centre stage, resistance against Sunrise's UPC deal increases
2019-09-16 07:00:00| Telecompaper Headlines
(Telecompaper) Earnings seaon is coming to an end, giving operators and rating agencies a moment to look at the balance sheets. M&A was mostly limited to the ill-fated Sunrise/UPC deal in Switzerland. The biggest winners on the stock exchange in week 37 included Intelsat (+14%), 1&1 Drillisch (+10%) and SES (+7.5%). InterXion (-6.8%), Forthnet (-6.7%) and Play (-5.2%) suffered the steepest losses. The Telecompaper Stock Index European Telecom Services was up 0.9 percent in week 37, the EuroStoxx 50 did better with a 1.6 percent gain.
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