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General

Last week in telecoms: private equity taking out Manx Telecom, 5G and Italy remain hot

Monday 18 March 2019 | 07:00 CET | News
Manx Telecom may be a small operator, but its takeover by Basalt Infrastructure Partners was last week's biggest news. It adds to the growing number of constituents that we may have to drop from our Telecompaper Stock Index European Telecoms as a result of M&A activity. The TPSI European Telecoms gained 3.2 percent last week, driven mostly by the heavyweights making gains: Deutsche Telekom (+4.0%), Vodafone (+4.9%), Telefonica (+3.0%) and Orange (+4.4%). They represent 11.8, 7.1, 6.9 and 6.2 percent of the index, which managed to stay just ahead of the EuroStoxx 50 index (+3.1%).

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Categories: General
Companies: 3 Italia / BT / Comcast / Deutsche Telekom / Digi / Eutelsat / Exane / Freenet / Iliad / Manx Telecom / Nos / NOS / Openreach / Orange / Rostelecom / SES / Sky / Telefonica / TIM / T-Mobile US / Vivendi / Vodafone
Countries: Europe
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