0
General

Last week in telecoms: Cellnex major takeover, Vodafone cuts costs, KPN new commercial strategy and BT up sharply

Monday 14 October 2019 | 07:00 CET | News
Last week saw Cellnex agree a major takeover, while Vodafone kicked off a cost savings program and KPN potentially made a big shift in its commercial strategy. Overall, the European telecoms services sector performed well, as per our related index, which was up 2.1 percent in week 41. Still, this was significantly behind the EuroStoxx 50's sharp 3.6 percent rise. Forthnet (+16%) and Go Internet (-9.8%) were the micro cap outliers. BT's gain of 12 percent was the biggest large cap leap.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Altice Europe / America Movil / Arqiva / BT / Cellnex / Equinix / Forthnet / Iliad / KPN / Liberty Global / Oi / Sunrise / Tele Columbus / Telefonica / TIM / UPC Switzerland / Virgin Media / Vodafone / Vodafone Germany / Vodafone Iceland
Countries: Europe
::: add a comment
This article is part of dossier

Telecom Stock Index


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Proxy adviser ISS recommends rejecting Sunrise capital increase to finance UPC purchase - report

Published 10 Oct 2019 16:08 CET | Switzerland
Proxy adviser ISS is recommending that shareholders of Sunrise reject the proposal for a capital increase to finance the takeover ...

Vodafone Germany to cut jobs after Unitymedia takeover

Published 10 Oct 2019 16:02 CET | Germany
The layoffs may take place both at Vodafone and Unitymedia in Germany. In total, Unitymedia employ 2,700 people and Vodafone ...

Vodafone to axe 130 jobs at Hobart contact centre

Published 10 Oct 2019 12:18 CET | Australia
Vodafone Australia has launched consultations on its planned restructuring of its contact centre in Hobart. Vodafone claims it ...

Equinix completes USD 1 bln European hyperscale data centre joint venture with GIC

Published 10 Oct 2019 09:13 CET | Europe
Equinix has completed its USD 1.0 billion joint venture with Singapore sovereign wealth fund GIC to fund, develop and operate ...

BT CEO warns of full-fibre network threat from Sky-Virgin partnership

Published 09 Oct 2019 19:42 CET | United Kingdom
BT Group CEO Philip Jansen has urged rivals Virgin Media and Sky not to join forces to launch their own broadband partnership, ...

BT announces new products, services; confirms new 'Beyond Limits' brand identity

Published 09 Oct 2019 18:26 CET | United Kingdom
BT Group has announced the launch of new products and services, including 5G mobile services, as well as new skills programmes to ...

Vodafone to eliminate 15% of its 7,700 stores in Europe

Published 09 Oct 2019 10:00 CET | Europe
Vodafone wants to eliminate 15 percent of its 7,700 European stores, Reuters reported, citing chief executive Nick Read. Store ...

Telecom Italia considering spin-off and IPO of data centres - report

Published 09 Oct 2019 08:58 CET | Italy
Telecom Italia (TIM) is mulling a possible spin-off and listing of its data centre business, according to an unnamed source cited ...

KPN introduces Hussel, a flexible multiplay subscription formula

Published 08 Oct 2019 17:25 CET | Netherlands
KPN has introduced a new multiplay subscription form for telephone, internet and entertainment services: KPN Hussel . In addition ...

Sunrise welcomes Ethos recommendation to approve capital increase for UPC Switzerland takeover

Published 08 Oct 2019 10:19 CET | Switzerland
Ethos has sent a recommendation to all the shareholders to support the acceptance of the CHF 2.8 billion capital increase. It ...

Cellnex agrees to buy Arqiva's telecom division for GBP 2 bln

Published 08 Oct 2019 09:13 CET | United Kingdom
Spanish infrastructure operator Cellnex Telecom has announced a deal to acquire the telecommunications division of UK media and ...

Axxion confirms opposition to Sunrise takeover of UPC Switzerland

Published 07 Oct 2019 09:47 CET | Switzerland
Sunrise shareholder Axxion has confirmed its opposition to the takeover of UPC Switzerland by Sunrise, Handelszeitung reports.   ...

Telefonica in talks with TIM and America Movil to acquire Brazil's Oi - report

Published 07 Oct 2019 09:31 CET | Brazil | Update: 09 Oct 2019 09:04 CET
Spain's Telefonica is planning a three-way deal with Telecom Italia (TIM) and America Movil to acquire the asset's of Brazil's ...





Calendar   /   Industry Events

30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec Marvell Technology fiscal Q3
03 Dec GCX fiscal Q2
03 Dec Liberty Latin America AGM
::: More Calendar Items