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General

Last week in telecoms: Altice makes a surprise jump and Iliad recovers

Monday 28 May 2018 | 07:30 CET | News
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Last week, Altice was in the spotlight. Its share price was down 65 percent, but correcting for the Altice USA spin-off, there was in fact a 139 percent leap up from the previous week. Altice managed to bring the Telecompaper European telecoms index into positive territory (+0.3%), as without it the sector would have been marginally down (-0.1%). Altice may have been helped in performing this remarkable leap by news of Arcep's president no longer opposing market consolidation. Overall, the index outperformed the EuroStoxx 50 index (-1.6%).

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Categories: General
Companies: 1&1 / Altice Europe / BT / Deutsche Telekom / Drillisch / Ecotel / Freenet / Iliad / Intelsat / Iridium / KPN / Liberty Global / Medialaan / Orange / QSC / TalkTalk / TDC / Tele Columbus / Telecompaper / Telefonica / Telefonica Deutschland / Turk Telekom / United Internet / Vodafone / VodafoneZiggo
Countries: Europe
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