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Macquarie fund leads race for KCOM as auction enters final day
2019-07-12 02:00:00| Total Telecom industry news
As the KCOM auction enters its final day, the Macquarie-backed infrastructure fund still leads the race to acquire the UK regional service provider. After Macquarie European Infrastructure Fund 6 (MEIF) &ndash…read more on TotalTele.com »
KCOM bidding tops 570m
2019-07-10 02:00:00| Total Telecom industry news
Bids for KCOM have topped £570 million, with a Macquarie-backed fund currently leading the race for the UK regional service provider. Macquarie European Infrastructure Fund 6 (MEIF) &ndash…read more on TotalTele.com »
Last week in telecoms: takeovers of KCOM and Forthnet progressing, Tele Columbus makes a recovery
2019-07-08 07:00:00| Telecompaper Headlines
(Telecompaper) The Telecompaper Stock Index European Telecoms Services was up 1.8 percent in week 27, narrowly beating the EuroStoxx 50 index (+1.6%). Ahead of the Q2 earnings season the news flow was mainly limited to a number of mergers progressing. A diverse set of shares made the biggest gains: Greek challenger Forthnet (+16%), German cableco Tele Columbus (+13%), satellite operator Intelsat (+9.9%) and Spanish convergence operator MasMovil (+8.7%). Forthnet, a penny-stock, is closing in on doubling its share price year to date. Tele Columbus is making a remarkable recovery.
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Last week in telecoms: KCOM accepts a higher offer, Tele2 and BT sign partnerships, Norway completes auction
2019-06-10 07:00:00| Telecompaper Headlines
(Telecompaper) In a week of high stock market volatility, the news flow from the telecom services sector was relatively light. KCOM, the local British incumbent accepted a higher takeover offer, Tele2 signed a network sharing deal for the Baltics and BT signed a deal with Cellnex. Polish shares did especially well in week 23. Our index ended the week up 1.2 percent, behind the EuroStoxx 50's 3.0 percent gain.
KCOM board backs new 563m takeover bid
2019-06-03 02:00:00| Total Telecom industry news
East Yorkshire based telecommunications provider, KCOM, has backed a new takeover bid from the Macquarie Infrastructure and Real Assets (MIRA) fund, which values the company at £563 million…read more on TotalTele.com »
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