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General

Last week in telecoms: Vodafone and Telenor receive approval for takeovers, as earnings season kicks off

Monday 22 July 2019 | 07:05 CET | News
A number of mergers and investments, as well as Q2's first earnings reports, set the tone in the telecoms sector last week. The winners included Turk Telekom (+5.8%), Rostelecom (+5.5%), Intelsat (+5.4%) and Altice Europe (+5.4%). That could however not prevent the Telecompaper Stock Index European Telecoms Service ending week 29 down 1.4 percent, lagging the EuropStoxx 50 (-0.5%). Several German shares were the biggest losers, including 1&1 Drillisch (-13%), United Internet (-10%) and Tele Columbus (-7.7%).

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Categories: General
Companies: 1&1 Drillisch / Altice Europe / BT / Digi / DNA / Drillisch / Elisa / Forthnet / Intelsat / Kcom / KPN / Liberty Global / OTE / Rostelecom / TalkTalk / Tele Columbus / Tele2 / Telecom Italia / Telefonica Deutschland / Telenor / Telia / Turk Telekom / United Internet / Vodafone / Zayo
Countries: Europe
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