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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

Italy's big three operators spend big on 5G spectrum

2018-09-14 02:00:00| Total Telecom industry news

Telecom Italia (TIM), Iliad and Vodafone spent a combined €2.8 billion on spectrum that is expected to be used in the launch of 5G across the country. Telecom Italia (TIM) secured 10MHz of 5G spectrum…read more on TotalTele.com »

Tags: big spend spectrum operators

CK Hutchison to acquire 100% of Italy's Wind Tre for EUR 2.45 bln

2018-07-03 08:44:00| Telecompaper Headlines

(Telecompaper) CK Hutchison said the deal to take over sole ownership Wind Tre will secure strong recurring earnings for the years ahead. Last year its original 50 percent stake in the Wind Tre business contributed over EUR 1 billion attributable EBITDA and over EUR 800 million attributable EBIT for the group. Veon, meanwhile, said it expected to book a net gain of some EUR 1.1 billion when the all-cash agreement completes and intends to use the proceeds to pay off debt and reduce its leverage ratio.

Tags: eur wind tre acquire