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Last week in telecoms: portfolio management and Comcast wins the Sky auction

2018-09-24 07:00:00| Telecompaper Headlines

(Telecompaper) Most European telecoms stocks moved within a relatively narrow range in week 38. Stock performances varied between -4 percent and +8 percent, not counting two outliers: Greek Forthnet (-15%) and German QSC (+13%). The week's most important news actually came in over the weekend, when an auction was staged for Sky (+0.3%), leaving Comcast the winner.

Tags: the management week sky

 

RCom exits telecoms once and for all

2018-09-19 02:00:00| Total Telecom industry news

Reliance Communications will completely step back from the telecoms industry, selling off the enterprise business it was left with following its recent departure from the mobile space. RCom chairman Anil Ambani made the announcement to shareholders at the company's AGM…read more on TotalTele.com »

Tags: for telecoms exits rcom

 
 

Last week in telecoms: limited volatility, Italy and Benelux in focus

2018-09-17 07:15:00| Telecompaper Headlines

(Telecompaper) Major news was rather limited in week 37 and the biggest headlines came from the adjacent IT hardware sector, where Apple had an iPhone and Apple Watch event. In the datacenter segment, Equinix (+4.0%) apparently benefitted from the appointment of a new CEO. InterXion (+3.0%) raised its capex guidance in an effort to expand in Europe. British local incumbent Manx Telecom (+3.3%) of the Isle of Man was among the last companies to report on its Q2 numbers. Sky (+1.9%), to be taken private by either 21st Century Fox or Comcast, came in focus of the British Takeover Panel. If the two potential acquirers fail to come up with a so-called final offer, Sky may become the subject of a sealed auction.

Tags: in week limited focus

 

Last week in telecoms: Iliad and Tele Columbus down on earnings

2018-09-10 07:00:00| Telecompaper Headlines

(Telecompaper) Investors may have worried more about the general market, down 2.9 percent by way of the Euro Stoxx 50 index, than about the European telecoms sector, which lost 1.3 percent in week 36. Tele Columbus (-22%) and Altice (-15%) were the biggest losers, Montenegro's Crnogorski Telekom (+8.1%) the biggest winner. Of the index heavyweights, Deutsche Telekom (-2.3%) lost and Vodafone (+0.5%) made a small gain.

Tags: on week earnings columbus

 

Last week in telecoms: newcomers from regulation, stock market exits from consolidation

2018-09-03 07:30:00| Telecompaper Headlines

(Telecompaper) Last week showed that the telecoms sector has one drawback that distinguishes it from many other industries: intense regulation. While the high entry barriers are the flipside to this, regulation may scare off investors from time to time. The general market was down 1.0 percent in week 35 and the telecoms sector lost 2.0 percent, as measured by the EuroStoxx 50 index and our European telecoms index, respectively, amid news on regulation and new market entrants.

Tags: week market stock regulation

 

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