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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

 

Iliad to debut in Italy by summer - CEO

2018-03-06 14:56:00| Telecompaper Headlines

(Telecompaper) French operator Iliad will launch its Italian mobile operation under the Iliad brand by the summer, new Italy CEO Benedetto Levi told La Repubblica in the first interview since his appointment in January. "Our objective has always been to land by this summer, with the Iliad brand," said Levi, before going on to refute the low-cost label. "We'll be a normal operator, not an MVNO, with our own network," said the chief executive, adding that Iliad's tariffs will be "cheaper and more transparent, without neglecting quality" and that the aim was to entice consumers who have lost confidence in traditional operators over controversial practices such as 28-day billing.

Tags: italy summer ceo debut

 
 

Iliad appoints 29-year-old as Italian CEO

2018-01-16 11:56:00| Telecompaper Headlines

(Telecompaper) French operator Iliad has announced the appointment of 29-year-old Benedetto Levi as the CEO of its new Italian mobile operation. Turin-born Levi has a master's in management from the ESCP Europe business school in Paris where he founded a startup specialising in the sale of smartphone accessories. In 2015 he was appointed country manager of Italian startup Captain Train, later acquired by global train ticket retailer Trainline.

Tags: italian ceo appoints iliad

 

Iliad and NJJ to acquire 64.5 percent stake in Irish operator Eir

2017-12-20 09:33:00| Telecompaper Headlines

(Telecompaper) A consortium combining French operator Iliad and NJJ, the private investment vehicle owned by Iliad's founder Xavier Niel, has agreed to acquire a 64.5 percent stake in Irish telecoms operator Eir. Under the proposed deal, NJJ and Iliad will own 32.9 percent and 31.6 percent respectively. 

Tags: percent operator irish acquire

 

Iliad reports another bumper quarter of customer additions

2017-11-17 01:00:00| Total Telecom industry news

Iliad this week reported healthy third quarter revenue growth, driven by strong customer additions at both its mobile and fixed-line divisions. The French telco's revenue for the three months to 30 September grew 5…read more on TotalTele.com »

Tags: customer reports quarter additions

 

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