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Last week in telecoms: shock announcements for BT, Intelsat and Iliad

2019-11-18 07:00:00| Telecompaper Headlines

(Telecompaper) Fibre investments, 5G spectrum and network sharing largely determined the fate of the European telecoms sector last week, along with earnings and two shock announcements implying offers for two leading telcos, Iliad and BT. Iliad led the winners in week 46, with a gain of 19 percent, followed by Telekom Slovenije (+5.6%) and Turkcell (+4.8%) on positive earnings reports. BT ended the week up 3.1 percent. Intelsat's US 5G spectrum could prove less valuable than earlier expected, causing the stock to lose 44 percent of its value. SES was down 13 percent. Liberty Global was among the biggest losers as well, down 8.8 percent.

Tags: week announcements shock telecoms

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