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Tag: telecoms
Last week in telecoms: Vodafone and Telenor receiving approval for takeovers, as earnings season kicks off
2019-07-22 07:05:00| Telecompaper Headlines
(Telecompaper) A number of mergers and investments, as well as Q2's first earnings reports, set the tone in the telecoms sector, last week. The winners included Turk Telekom (+5.8%), Rostelecom (+5.5%), Intelsat (+5.4%) and Altice Europe (+5.4%). That could however not prevent the Telecompaper Stock Index European Telecoms Services to end week 29 down 1.4 percent, lagging the EuropStoxx 50 (-0.5%). Several German shares were the biggest losers, including 1&1 Drillisch (-13%), United Internet (-10%) and Tele Columbus (-7.7%).
Tags: off
week
season
receiving
Last week in telecoms: BT, Vodafone signalling business weakness and Macquarie wins the KCOM auction
2019-07-15 07:00:00| Telecompaper Headlines
(Telecompaper) BT, TIM and Vodafone warned their shareholders, last week, for business weakness, while KPN, Telekom Slovenije and Magyar Telekom conducted asset disposals. The KCOM auction ended with Macquarie winning the company. All in all, the Telecompaper Stock Index European Telecoms Services ended week 28 down 1.4 percent, as the EuroStoxx 50 index lost 0.9 percent.
Tags: the
business
week
auction
Kenyan regulators oppose parliamentary attempts to split mobile money from telecoms services
2019-07-11 09:00:00| Telecompaper Headlines
(Telecompaper) Kenya's communication and financial sector regulators have warned against parliament's quest to split mobile money transfer services off from telecoms operators, Business Daily reported. The Ministry of ICT, Central Bank of Kenya (CBK) and Communications Authority of Kenya (CA) on 10 July asked lawmakers to be cautious in their effort to de-link services such as M-Pesa, Airtel Money and T-Kash from their parent mobile telecommunication firms.
Tags: services
money
mobile
split
Indosat looks to sell off $300m of telecoms towers
2019-07-09 02:00:00| Total Telecom industry news
Indonesian telco, Indosat Ooredoo, is believed to be in talks to sell off over 3,000 of its telecoms tower assets. According to a report in the Asian Review…read more on TotalTele.com »
Tags: sell
towers
telecoms
300m
Last week in telecoms: takeovers of KCOM and Forthnet progressing, Tele Columbus makes a recovery
2019-07-08 07:00:00| Telecompaper Headlines
(Telecompaper) The Telecompaper Stock Index European Telecoms Services was up 1.8 percent in week 27, narrowly beating the EuroStoxx 50 index (+1.6%). Ahead of the Q2 earnings season the news flow was mainly limited to a number of mergers progressing. A diverse set of shares made the biggest gains: Greek challenger Forthnet (+16%), German cableco Tele Columbus (+13%), satellite operator Intelsat (+9.9%) and Spanish convergence operator MasMovil (+8.7%). Forthnet, a penny-stock, is closing in on doubling its share price year to date. Tele Columbus is making a remarkable recovery.
Tags: week
makes
recovery
columbus
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