0
General

Last week in telecoms: takeovers of KCom and Forthnet progressing, Tele Columbus makes a recovery

Monday 8 July 2019 | 07:00 CET | News
The Telecompaper Stock Index European Telecoms Services was up 1.8 percent in week 27, narrowly beating the EuroStoxx 50 index (+1.6%). Ahead of the Q2 earnings season the news flow was mainly limited to a number of mergers progressing. A diverse set of shares made the biggest gains: Greek challenger Forthnet (+16%), German cableco Tele Columbus (+13%), satellite operator Intelsat (+9.9%) and Spanish convergence operator MasMovil (+8.7%). Forthnet, a penny stock, is closing in on doubling its share price year to date. Tele Columbus is making a remarkable recovery.

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: 1&1 / 1&1 Drillisch / Altice Europe / Drillisch / Equinix / FCC / Forthnet / Intelsat / Intred / Kcom / Masmovil / Tele Columbus / Telecompaper / Telefonica / Telefonica Deutschland / TIM / United Internet / Vodafone
Countries: Europe
::: add a comment
This article is part of dossier

5G

,

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

Forthnet changes names of some tariff plans

Published 17 Jul 2019 12:34 CET | Greece
Forthnet changed the commercial distribution name of some of its residential and professional programmes, effective from 16 July. ...

MEIF 6 Fibre submits higher offer for Kcom

Published 11 Jul 2019 11:14 CET | United Kingdom
UK telecoms company Kcom Group has received an increased cash offer from MEIF 6 Fibre of 109.5 pence per share. This beats the ...

Takeover Panel announces auction for sale of Kcom

Published 04 Jul 2019 16:49 CET | United Kingdom
The Panel on Takeovers and Mergers (Takeover Panel) has announced an auction for the sale of UK telecoms provider Kcom Group ...

TIM closing EUR 2.5 bln loan for Inwit-Vodafone towers merger - report

Published 02 Jul 2019 09:27 CET | Italy
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) is close to finalising a EUR 2.5 billion from a group of ...

Equinix and GIC setting up USD 1 bln JV to build European hyperscale data centres

Published 02 Jul 2019 08:54 CET | Europe
Data centre company Equinix has announced a USD 1 billion joint venture with Singapore's sovereign wealth fund GIC to develop and ...

Antenna-Blackstone consortium close to deal to buy Forthnet - report

Published 01 Jul 2019 13:40 CET | Greece
A consortium of Antenna Group and Blackstone is close to reaching a deal to acquire Greek pay-TV and broadband operator Forthnet, ...





Calendar   /   Industry Events

24 Feb Arlo Q4 2019
24 Feb Palo Alto Networks fiscal Q2
25 Feb Iridium Q4 2019
25 Feb Infinera Q4 2019
25 Feb Millicom Q4 2019
25 Feb American Tower Q4 2019
25 Feb Utility Telecoms 2020
26 Feb Crown Castle Q4 2019
26 Feb Syn Q4 2019
26 Feb Avast FY results
26 Feb Box Q4 2019
26 Feb Orbcomm Q4 2019
26 Feb Sina Q4 2019
26 Feb Weibo Q4 2019
26 Feb Shentel Q4 2019
27 Feb Zoom Telephonics Q4 2019
27 Feb Telesat Q4
27 Feb Dell Technologies fiscal Q4
27 Feb VMware fiscal Q4
27 Feb Cogent Communications Q4 2019
27 Feb Cable One Q4 2019
27 Feb Neophotonics Q4 2019
27 Feb Baidu Q4 2019
27 Feb Netia Q4 2019
27 Feb Sunrise Q4 2019
27 Feb Interxion EGM
28 Feb Tecnotree FY 2019
28 Feb Masmovil Q4 2019
28 Feb Freenet Q4 2019
02 Mar GTT Q4 2019
::: More Calendar Items