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General

Last week in telecoms: balance sheets taking centre stage, resistance against Sunrise's UPC deal increases

Monday 16 September 2019 | 07:00 CET | News
Earnings season is coming to an end, giving operators and rating agencies a moment to look at the balance sheets. M&A was mostly limited to the ill-fated Sunrise/UPC deal in Switzerland. The biggest winners on the stock exchange in week 37 included Intelsat (+14%), 1&1 Drillisch (+10%) and SES (+7.5%). InterXion (-6.8%), Forthnet (-6.7%) and Play (-5.2%) suffered the steepest losses. The Telecompaper Stock Index European Telecom Services was up 0.9 percent in week 37, while the EuroStoxx 50 did better with a 1.6 percent gain.

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Categories: General
Companies: 1&1 Drillisch / Altice Europe / Cellnex / DNA / Drillisch / Forthnet / Iliad / Intelsat / Interxion / Liberty Global / Masmovil / Nos / NOS / Orange / Orange Poland / SES / Sunrise / Telefonica / Telefonica Germany / Telenor / Turkcell / UPC Switzerland
Countries: Europe
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