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Last week in telecoms: Orange's new 5-year plan and Vodafone's trouble in India force the sector down

2019-12-09 07:00:00| Telecompaper Headlines

(Telecompaper) Orange and Vodafone put a major drag on the Telecompaper European Telecoms Services index last week. It was down 1.8 percent, versus a loss of just 0.3 percent for the EuroStoxx 50 index. Other stocks suffering major declines included Altice Europe (-5.0%), VEON (-4.7%) and 1&1 Drillisch (-4.5%). The winners were Tele Columbus (+12%), Orange Poland (+9.9%) and Intelsat (+7.4%).

Tags: the down plan week

Category:Telecommunications

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