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Tag: telenor
Last week in telecoms: Sunrise/UPC deal in question, Telenor launches DNA tender, Play performs well
2019-09-02 07:00:00| Telecompaper Headlines
(Telecompaper) Opposition against Sunrise acquiring Liberty Global's Swiss business seems to be rising and it remains to be seen whether the firm will find enough support for the rights issue that it needs for the deal. Telenor launched its tender offer for the remaining shares in Finnish DNA. Play Communications was the biggest winner in week 35 and is also doing very well on a year-to-date basis.
Telenor completes DNA acquisition, starts buy-out offer on 29 August
2019-08-21 13:31:00| Telecompaper Headlines
(Telecompaper) Finnish operator DNA has announced the completion of its acquisition by Norwegian telecommunications company Telenor. The agreement to acquire 54 percent of DNA's shares at EUR 20.90 each from Finda Telecoms and PHP Holding was announced in April. Telenor has now declared that the mandatory public tender offer for the outstanding shares will start on 29 August.
Telenor completes 1.5bn DNA deal
2019-08-21 02:00:00| Total Telecom industry news
Telenor has completed its expansion into the Finnish market, by acquiring a 54 per cent stake in Finnish Operator, DNA. The Norwegian operator paid €20.90 per share for the stake, at a total value of &euro…read more on TotalTele.com »
Tags: deal
dna
completes
telenor
Last week in telecoms: Vodafone and Telenor receiving approval for takeovers, as earnings season kicks off
2019-07-22 07:05:00| Telecompaper Headlines
(Telecompaper) A number of mergers and investments, as well as Q2's first earnings reports, set the tone in the telecoms sector, last week. The winners included Turk Telekom (+5.8%), Rostelecom (+5.5%), Intelsat (+5.4%) and Altice Europe (+5.4%). That could however not prevent the Telecompaper Stock Index European Telecoms Services to end week 29 down 1.4 percent, lagging the EuropStoxx 50 (-0.5%). Several German shares were the biggest losers, including 1&1 Drillisch (-13%), United Internet (-10%) and Tele Columbus (-7.7%).
Tags: off
week
season
receiving
Telenor lowers FY outlook to flat revenues on tough Asian markets
2019-07-16 09:04:00| Telecompaper Headlines
(Telecompaper) Telenor has lowered its full year outlook to flat underlying revenues and a small decline in EBITDA, due to weaker results at its Asian activities. Nevertheless, the company said its strategy was on track, with an EBITDA margin of nearly 40 percent in Q2 and progress in accelerating revenues and reducing costs.
Tags: flat
markets
asian
outlook
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