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Last week in telecoms: tower companies in focus on Italian consolidation, Liberty Global among biggest winners YTD

2019-02-25 11:00:00| Telecompaper Headlines

(Telecompaper) Inwit, an Italian tower company with a market capitalisation of EUR 4.9 billion, was at the centre of corporate actions, last week. It reported Q4 results and added its business plan for the next three years. The main news however was an expanded network sharing agreement of its majority shareholder TIM (60%) and Vodafone Italia. They plan to inject their 22,000 piece combined tower portfolios to become equal shareholders of Inwit. Other important news came from Telefonica, losing Vivendi as a shareholder, selling its Central American assets and possibly its datacenters. The Telecompaper Stock Index European Telecoms was up 1.9 percent in week 8, outperforming the EuroStoxx 50 index, which was up 0.9 percent. The biggest winners were Forthnet (+26%), Intred (+8.8%), Telekom Austria (+8.7%) and Inmarsat (+8.3%).

Tags: week global companies focus

 

First Turbine Now Spinning at What Will Be Worlds Biggest Offshore Wind Farm

2019-02-19 12:00:00| Electrical Construction & Maintenance

rsted currently operates more than 1,100 offshore wind turbines, has installed approximately 5.6GW offshore wind capacity and has a further 3.4GW under construction.

Tags: wind farm biggest worlds

 
 

All the Biggest Union Square Retail Sales That Led to Macy's Latest $250M Deal

2019-02-07 04:08:00| National Real Estate Investor

Macy's struck a deal to sell its I.Magnin building in San Francisco's Union Square to Sand Hill Property Co. for $250 million.

Tags: sales latest deal led

 

Chinese firm building Egypt's "biggest" textile city

2019-01-31 14:59:00| Daily apparel & textile news and comment - from just-style.com

A Chinese investment firm is constructing what is being hailed as Egypt's "biggest city for textile and clothes manufacturing."

Tags: city building firm chinese

 

What will be the biggest sustainability trends in 2019? - Sustainability Spotlight

2019-01-31 13:19:00| Daily beverage news and comment - from just-drinks.com

Already the most significant long-term trend affecting drinks companies, climate change will top the 2019 agenda with an acceleration in greenhouse gas (GHG) emission reductions urgently needed. Agricultural supply chains will be a prime focus as companies come under pressure to reduce their indirect 'Scope 3' emissions. Ben Cooper investigates.

Tags: trends biggest spotlight sustainability

 

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