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Huawei drops US lawsuit, after government returns telecoms kit

2019-09-10 02:00:00| Total Telecom industry news

Chinese tech giant, Hauwei has dropped its law suit in the US, after the government returned a selection of telecoms equipment it seized in 2017. Huawei originally filed the lawsuit in June 2019, over what it called the "…read more on TotalTele.com »

Tags: government returns kit drops

 

Last week in telecoms: double digit losses for Iliad and Play, double digit gains for Drillisch, United Internet and Gamma

2019-09-09 07:00:00| Telecompaper Headlines

(Telecompaper) The European telecoms sector underperformed the general market in week 36. Iliad and Play suffered double digit losses and not all M&A related news pushed the market towards consolidation. The Italian market remains the embodiment of competition, with all mobile operators beating the promotion drum. Our European Telecoms Services index was up 0.5 percent for the week as a result of a few steep gains, at 1&1 Drillisch, United Internet and Gamma Communications. The EuroStoxx 50 index was up 2.0 percent.

Tags: internet united week play

 
 

Last week in telecoms: Sunrise/UPC deal in question, Telenor launches DNA tender, Play performs well

2019-09-02 07:00:00| Telecompaper Headlines

(Telecompaper) Opposition against Sunrise acquiring Liberty Global's Swiss business seems to be rising and it remains to be seen whether the firm will find enough support for the rights issue that it needs for the deal. Telenor launched its tender offer for the remaining shares in Finnish DNA. Play Communications was the biggest winner in week 35 and is also doing very well on a year-to-date basis.

Tags: well question week play

 

Last week in telecoms: Sunrise crossing swords with Freenet over UPC Schweiz

2019-08-26 19:13:00| Telecompaper Headlines

(Telecompaper) Quarterly figures and acquisitions determined the mood in the European telecom sector last week. In the end, the price of the TPSI European Telecom Services index fell by 0.5 percent over week 34, while the EuroStoxx 50 index rose by 0.2 percent. Syn (Vodafone Iceland) was the largest downer with -14 percent, the Italian Tiscali the largest gainer with +21 percent. Apart from these microcaps, the Polish Play (-6.2%) and the Spanish MasMovil (+ 8.8%) were the biggest outliers.

Tags: week crossing sunrise upc

 

Last week in telecoms: Cellnex up on Arqiva news, BT still going down

2019-08-12 07:00:00| Telecompaper Headlines

(Telecompaper) The European telecoms services market was led by quarterly results in week 32, along with some relatively minor M&A news. Our stock index was down 1.8 percent for the week, underperforming the EuroStoxx 50 index (-1.3%). Cellnex may have benefitted from news of Arqiva considering a split. BT is continuing its downward path and has now lost 27 percent year-to-date.

Tags: news down still week

 

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