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Last week in telecoms: Vodafone and Orange drag on index, biggest losses at Iliad and MegaFon

2018-03-19 07:30:00| Telecompaper Headlines

(Telecompaper) Two stocks stood out last week for being hit very hard: Iliad (-13%) and MegaFon (-15%). Iliad's results worried investors, as its internationalisation to Italy and Ireland appears to be on track. MegaFon also dropped on Q4 results. The best performing stocks were mobile operator Turkcell (+4.2%), after results and an upwards revision of its guidance, satellite operator SES (+4.7%) and data centre operator Equinix (+6.3%). Microcaps QSC (+4.4%) and CityFibre (+4.5%) also had a strong week.

Tags: index week orange biggest

Category:Telecommunications

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