0
General

Last week in telecoms: Russian shares under pressure, Intelsat leaps to lead the sector YTD

Monday 16 April 2018 | 07:30 CET | News
Intelsat (+36%) made a big leap last week on news of a capacity deal with Vodacom. The heavyweights of the European telecoms sector also had a positive week with a 1.4 percent gain for Vodafone and Deutsche Telekom up 3.7 percent. The four Russian shares in our index on the other hand suffered heavy losses: Rostelecom (-6%), Veon (-11%), MTS (-12%) and MegaFon (-17%). Greek takeover target Forthnet (-19%) could not hold on to the previous week's gains. Overall, our telecoms index ended week 15 up slightly (+0.4%), versus a gain of 1.2 percent for the EuroStoxx 50 index.

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: Cellnex / Com Hem / Deutsche Telekom / DNA / Eir / Elisa / Forthnet / Iliad / Intelsat / Masmovil / MegaFon / MTS / Open Fiber / Orange / Orange Belgium / Rostelecom / Sky / TDC / TIM / Veon / Vodacom / Vodafone
Countries: Europe
::: add a comment

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

Open Fiber to sign EUR 3.5 bln funding deal - report

Published 13 Apr 2018 11:52 CET | Italy
The Open Fiber wholesale-only venture of Italian utility giant Enel and state lender CDP is poised to sign an underwriting ...

Italian state bank raises TIM stake to 4.26%

Published 12 Apr 2018 13:56 CET | Italy
Italian state lender Cassa Depositi e Prestiti (CDP) had a stake in Telecom Italia (TIM) of 4.262 percent on 10 April, according ...

TDC bidder gets acceptances from 90% of shareholders

Published 10 Apr 2018 12:04 CET | Denmark
TDC bidder DK Telekommunikation said that by 09 April, it had received acceptances from holders of 90 percent of the Danish ...

Elliott, Vivendi present candidates for Telecom Italia board

Published 10 Apr 2018 11:04 CET | Italy
French media giant Vivendi and activist fund Elliott have presented their lists of candidates for the board of Telecom Italia ...

Vodacom Business Nigeria and Intelsat sign deal to expand broadband connectivity

Published 10 Apr 2018 09:59 CET | Nigeria
Intelsat said that Vodacom Business Nigeria has signed an agreement for satellite services to expand its enterprise broadband ...

Elliott raises potential TIM stake to 13.7%

Published 09 Apr 2018 15:43 CET | Italy
Activist investor Elliott has increased its stake in Telecom Italia (TIM) to a potential 13.7 percent, according to a SEC ...

NJJ-led consortium completes acquisition of Eir

Published 09 Apr 2018 14:07 CET | Ireland
The NJJ Group-led acquisition of Irish telecoms company Eir has now been completed. A consortium led by NJJ Telecom Europe has ...





Calendar   /   Industry Events

18 Sep NORDUnet conference
19 Sep Alibaba Computing Conference
20 Sep Micron Technology fiscal Q4
20 Sep Smart City Connection
21 Sep Tele2, Com Hem EGMs
22 Sep International Conference of Data Protection and Privacy Commissioners
24 Sep Submarine Networks World
24 Sep NFV & Carrier SDN Event
24 Sep ECOC Exhibition
25 Sep Open Networking Summit Europe
25 Sep Connected World summit
25 Sep AI Tech World
26 Sep FCC Open Meeting
26 Sep Telenet EGM
26 Sep SD-WAM summit
27 Sep 5G Techritority
::: More Calendar Items