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Last week in telecoms: rumours of a Deutsche Telekom/Orange merger, new action plan for Telefonica

2019-12-02 07:00:00| Telecompaper Headlines

(Telecompaper) There was major news concerning the largest incumbents of Europe, Deutsche Telekom, Orange and Telefonica, in week 48. Infrastructure dealings and a number of unlisted companies demanded some attention as well. The Telecompaper European Telecom Services index ended the week up 0.7%. The EuroStoxx 50 index was up 0.4 percent. As a result, the year-to-date underperformance of the telecoms sector was stable at around 14 points. There were two double digit winners, Tele Columbus (+28%) and Syn (Vodafone Iceland, +14%).

Tags: plan action week deutsche

 

Deutsche Telekom explores merger with Orange - report

2019-11-27 15:45:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom is exploring the possibility of a merger with Orange, Handelsblatt reports citing sources familiar with the matter. The plan is at an early stage, the report said, adding that it points to a long-term dimension of Telekom's strategy.

Tags: report orange deutsche telekom

 
 

Last week in telecoms: earnings reports, Virgin Media migrates its MVNO, Deutsche Telekom sees T-Mobile US merger progress

2019-11-11 07:00:00| Telecompaper Headlines

(Telecompaper) The Telecompaper European Telecoms Services index was down 0.3 percent in week 45, versus a gain of 2.1 percent for the EuroStoxx 50 index. The week was heavy with earnings reports, with some M&A news. Tele Columbus was the best stock to own last week, up 15 percent. At a closing price of EUR 2.45 it has come off considerably from its low of EUR 1.29 in early June. BT's loss of 8.0 percent put it among the week's worst losers. The company stands to lose Virgin Mobile as an MVNO customer from 2021.

Tags: us media week reports

 

Deutsche Telekom lowers dividend on spectrum costs, sees higher FY EBITDA

2019-11-07 08:28:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has increased its outlook for full-year EBITDA, after improved results across its business in the first nine months of the year. However, the company cut its planned dividend for the year, to 60 cents from 70 cents last year, citing the costs of the pending merger with Sprint and spectrum auctions. 

Tags: costs higher deutsche spectrum

 

Deutsche Telekom announces MagentaTV-Stick, Netflix subscription, in-house productions

2019-10-24 09:55:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom said it will offer the MagentaTV-Stick from December, and has already started providing the option of a Netflix subscription to its customers. 

Tags: subscription deutsche productions telekom

 

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