0
General

Last week in telecoms: M&A positive for Veon, negative for Inmarsat and Altice

Monday 9 July 2018 | 07:30 CET | News
Last week's share price performances were positive enough to bring our European telecoms index back to a level we hadn't seen since the middle of May. Veon was the absolute winner, followed by Turk Telekom (+12%). The three Belgain shares in our basket showed strong recovery from recent weakness: Telenet (+12%), Proximus (+7.7%) and Orange BE (+6.9%). We also recorded some double digit losses, for Telekom Slovenije, Inmarsat and Polish Play Communications (-11%).

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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 / EchoStar / Freenet / Inmarsat / Intelsat / Portugal Telecom / Proximus / SFR / Swisscom / TalkTalk / Telekom Slovenije / Telenet / Veon / Wind Tre
Countries: Europe
::: add a comment
This article is part of dossier

Telecom-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

TalkTalk chairman facing shareholder revolt over share sale - report

Published 08 Jul 2018 22:17 CET | United Kingdom
The Chairman of UK telecoms company TalkTalk, Sir Charles Dunstone, is set to face an attempt by investors to oust him amid ...

Inmarsat says no to new GBP 3.2 bln bid from EchoStar

Published 06 Jul 2018 11:35 CET | World
EchoStar confirmed the bid and said it will continue to find common ground with Inmarsat, with a view towards buying the company. ...

Bouygues says open to French consolidation, SFR says not selling

Published 05 Jul 2018 16:59 CET | France
Bouygues is open to consolidation in the French telecom market, but sees little opportunity at the moment. Olivier Roussat, CEO ...

Telekom Slovenije ratings on creditwatch negative at S&P

Published 05 Jul 2018 13:20 CET | Slovenia
​The Standard & Poor's global ratings agency upheld the existing BB+ rating for Telekom Slovenije, while putting the company on ...

Veon launches new offer for GTH assets in Pakistan, Bangladesh

Published 03 Jul 2018 09:16 CET | Bangladesh
Veon has submitted a new offer to buy part of Global Telecom Holding, notability its mobile operators Jazz in Pakistan and ...

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

Published 03 Jul 2018 08:44 CET | Italy
CK Hutchison said the deal to take over sole ownership Wind Tre will secure strong recurring earnings for the years ahead. Last ...

SRG sells Admeira to Swisscom, Ringier

Published 02 Jul 2018 14:48 CET | Switzerland
As announced earlier, Swiss public broadcaster SRG is selling its stake in marketing company Admeira. The stake will be acquired ...

TalkTalk abandons sale of direct B2B business to Daisy

Published 02 Jul 2018 10:36 CET | United Kingdom
TalkTalk Telecom Group and Daisy Group have jointly decided not to proceed with the sale of TalkTalk's direct B2B business, as ...

Freenet buys stake in distribution partner Ceconomy

Published 02 Jul 2018 09:33 CET | Germany
German operator Freenet announced an agreement to acquire a stake in its distribution partner Ceconomy for EUR 277 million. The ...