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› Last week in telecoms: balance sheets taking centre stage, resistance against Sunrise's UPC deal increases
Last week in telecoms: balance sheets taking centre stage, resistance against Sunrise's UPC deal increases
2019-09-16 07:00:00| Telecompaper Headlines
(Telecompaper) Earnings seaon is coming to an end, giving operators and rating agencies a moment to look at the balance sheets. M&A was mostly limited to the ill-fated Sunrise/UPC deal in Switzerland. The biggest winners on the stock exchange in week 37 included Intelsat (+14%), 1&1 Drillisch (+10%) and SES (+7.5%). InterXion (-6.8%), Forthnet (-6.7%) and Play (-5.2%) suffered the steepest losses. The Telecompaper Stock Index European Telecom Services was up 0.9 percent in week 37, the EuroStoxx 50 did better with a 1.6 percent gain.
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Category:Telecommunications