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General

Last week in telecoms: Veon wins, United Internet loses. Infrastructure providers biggest winners in YTD

Monday 24 June 2019 | 07:00 CET | News
The Telecompaper Stock Index European Telecoms Services was up just 0.3 percent in week 25, behind the market's broader recovery as per the Eurostoxx 50's gain of 2.6 percent. United Internet, fresh out of the German multiband auction as a new network operator, was the weakest share, losing 7.9 percent. SES was down 7.5 percent as uncertainty over its 5G spectrum holdings in the US persists. Veon was the biggest winner (+18%), followed by Orange Poland (+10%). Of the index heavyweights, Deutsche Telekom was virtually unchanged (+0.1%) and Vodafone lost 2.5 percent.

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Categories: General
Companies: 1&1 Drillisch / Altice Europe / Cyfrowy Polsat / Deutsche Telekom / Drillisch / Intred / Netia / Open Fiber / Orange Poland / Retelit / SES / Sprint / Tele Columbus / Telecom Italia / Telefonica Deutschland / TIM / T-Mobile US / United Internet / Veon / Vivendi / Vodacom / Vodafone
Countries: Europe
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