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Last week in telecoms: tower companies in focus on Italian consolidation, Liberty Global among biggest winners YTD

2019-02-25 11:00:00| Telecompaper Headlines

(Telecompaper) Inwit, an Italian tower company with a market capitalisation of EUR 4.9 billion, was at the centre of corporate actions, last week. It reported Q4 results and added its business plan for the next three years. The main news however was an expanded network sharing agreement of its majority shareholder TIM (60%) and Vodafone Italia. They plan to inject their 22,000 piece combined tower portfolios to become equal shareholders of Inwit. Other important news came from Telefonica, losing Vivendi as a shareholder, selling its Central American assets and possibly its datacenters. The Telecompaper Stock Index European Telecoms was up 1.9 percent in week 8, outperforming the EuroStoxx 50 index, which was up 0.9 percent. The biggest winners were Forthnet (+26%), Intred (+8.8%), Telekom Austria (+8.7%) and Inmarsat (+8.3%).

Tags: week global companies focus

 

Beer continues to drive growth at Constellation Brands - YTD fiscal-2019 results

2019-01-09 15:05:00| Daily beverage news and comment - from just-drinks.com

Constellation Brands has reported a rise in sales for the nine months to the end of November, bolstered by its beer division.

Tags: results drive growth brands

 
 

Last week in telecoms: another week of telecoms underperforming, our index is down 16% YTD

2018-12-31 07:00:00| Telecompaper Headlines

(Telecompaper) Last week was the third in a row of the European telecoms sector underperforming the broader market. The good news was that the losses weren't quite as steep as we have seen before. Performances in week 52 ranged from +11 percent for Intelsat to -4.9 percent for Gamma Communications. Our index was down 0.9 percent, versus -0.5 percent for the EuroStoxx 50 index.

Tags: is index our week

 

How did PepsiCo perform in its Q3 and YTD in 2018? - results

2018-10-02 15:27:00| Daily beverage news and comment - from just-drinks.com

PepsiCo has reported a stronger third quarter for its drinks operations in North America, with the performance in the latest three months bringing sales from the unit to parity in the year so far.

Tags: in results perform ytd

 

Last week in telecoms: Sky's takeover, Dutch open cable regulation and Italy's 5G auction moving ahead, while Intelsat's YTD gain reaches 800%

2018-10-01 07:00:00| Telecompaper Headlines

(Telecompaper) With the auction of Sky ending a long takeover battle, a spectrum auction in Italy going into overdrive and potentially explosive regulatory news from the Netherlands the European telecoms sector proved to be anything but dull. Share price performance in week 39 ranged between -8 percent and +35 percent. Our index lost 0.5 percent, performing slightly better than the EuroStoxx 50 index at -0.9 percent. Intelsat extended its year-to-date gain to no less than 800 percent.

Tags: open week moving gain

 

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