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Last week in telecoms: a new box from Iliad as the telecoms sector starts outperforming
2018-12-10 07:00:00| Telecompaper Headlines
(Telecompaper) The European telecoms sector, as per the Telecompaper stock index, has started to outperform the broader market in week 49. Our index is down 11.5 percent year-to-date, versus -12.7 percent for the EuroStoxx 50 index. Polish Play (+18%) scored the week's highest gain and Greek Forthnet (-41%) was the weakest share. Apart from these two outliers, last week's performances moved within a relatively narrow band, ranging from +8 percent (Gamma Communications) to -14 percent (Intelsat).
Wind Tre 9-mth revenues down 11% on Iliad effect
2018-11-28 15:46:00| Telecompaper Headlines
(Telecompaper) Italian operator Wind Tre posted total revenues of EUR 4.10 billion in the first nine months of 2018, down 11 percent year on year, according to a statement from owner CK Hutchison. Earnings before interest, taxation, depreciation and amortisation (EBTIDA) fell nearly 7 percent to EUR 1.38 billion, while the company's pre-tax losses for the January to September period came in at EUR 351 million.
Tags: effect
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Iliad posts group revenues up 1.7% in Q3, as French customer losses continue
2018-11-14 10:35:00| Telecompaper Headlines
(Telecompaper) Iliad reported revenues of EUR 1.24 billion for the third quarter, up 1.7 percent year-on-year. This progression reflected the revenue contribution of EUR 46 million from its Italian business (launched at the end of May), which more than offset a drop in French revenues, down by EUR 25 million for a total of EUR 1.19 billion. In France, performance continued to be negatively impacted by the ongoing decline in fixed line revenues, down 3.8 percent to EUR 654 million, while the mobile segment was broadly flat (+0.2%).
Tags: group
customer
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Iliad up to over 2.2 mln subs in Italy in Q3, contributes EUR 46 mln in revenue
2018-11-14 09:04:00| Telecompaper Headlines
(Telecompaper) France's Iliad said its newly-launched Italian venture delivered an "exceptional commercial performance" in the third quarter, with customer numbers rising to 2.23 million at the end of September from 1.5 million in early August. Iliad entered the Italian market as the country's fourth mobile network operator on 29 May and the new unit contributed a total of EUR 46 million to the parent company's revenues in the July to September period, nearly 4 percent of the group's total, adding to the EUR 9 million generated in its first month of activity.
Last week in telecoms: Iliad and Tele Columbus down on earnings
2018-09-10 07:00:00| Telecompaper Headlines
(Telecompaper) Investors may have worried more about the general market, down 2.9 percent by way of the Euro Stoxx 50 index, than about the European telecoms sector, which lost 1.3 percent in week 36. Tele Columbus (-22%) and Altice (-15%) were the biggest losers, Montenegro's Crnogorski Telekom (+8.1%) the biggest winner. Of the index heavyweights, Deutsche Telekom (-2.3%) lost and Vodafone (+0.5%) made a small gain.
Tags: on
week
earnings
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