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Last week in Telecoms: Germany and Belgium down; Russia, Greece and Turkey up

2018-07-02 09:33:00| Telecompaper Headlines

(Telecompaper) European telecoms shares were hammered last week, even more than the general market. Two German altnets raked up the worst losses, Drillisch and United Internet. Greek takeover candidate Forthnet was the week's winner. Year to date, our telecoms index is down 10.0 percent, versus a loss of 3.1 percent for the EuroStoxx 50 index.

Tags: up week germany russia

 

Last week in telecoms: Sky benefits from bidding war for Fox, DT hit by job cuts

2018-06-25 07:52:00| Telecompaper Headlines

(Telecompaper) The majority of the stocks in our European telecoms index ended week 25 down (-0.2%), but not quite as much as the EuroStoxx 50 index (-1.8%). Several satellite stocks did well, including Inmarsat (+15%) and SES (+4.9%). Altice (+4.6%) was forced to abandon its Media Capital takeover deal, but was able to conclude the sale of stakes in its French and Portuguese tower businesses. The Greek challenger and micro-cap Forthnet (-15%) was the weakest stock, with Russian MTS (-7.%) and Orange Belgium (-7.8%) also down considerably. Crnogorski Telekom (+11%) of Montenegro came out as the week's winner.

Tags: week war job hit

 
 

Last week in telecoms: satellite winners and 5G losers

2018-06-18 07:30:00| Telecompaper Headlines

(Telecompaper) Week 24 delivered a gain of 0.1 percent to our European telecoms stock index, far behind the EuroStoxx 50's 1.7 percent gain. The winners included Inmarsat (+11%) and Iridium (+8.3%), which have lagged this year's solid performance of other satellite stocks. TalkTalk (+9.4%) and Veon (+7.1%) also did well, regaining some ground on losses suffered earlier in the year. Greek micro cap Forthnet (-15%) and Spanish small cap MasMovil (-10%) were the weakest stocks in our basket.

Tags: week satellite winners telecoms

 

Plucky England eliminated in the quarter finals, as Denmark are crowned champions of the Telecoms World Cup

2018-06-14 02:00:00| Total Telecom industry news

Denmark has been revealed as the best connected of the 32 nations to take part in this summer's World Cup in Russia. An innovative new report from OpenSignal pits the 32 competing nations against each other, ranking them for 3G and 4G network performance, to reveal the world's best performing nations.   The Group Stage OpenSignal scored each of the 32 nations for its overall download speed…read more on TotalTele.com »

Tags: the world england cup

 

Last week in telecoms: Inmarsat approached for a takeover and BT is up for a CEO change

2018-06-10 22:30:00| Telecompaper Headlines

(Telecompaper) Last week's strongest stocks in the European telecoms sector included satellite firm Inmarsat, subject of a takeover rumour, and Romanian challenger Digi, launching a share buy-back program. Quite a few stocks in our basket have attracted bids: TDC, Com Hem, CityFibre, Sky - and no doubt more will follow. The sector and the market i.c. the EuroStoxx 50 index ended week 23 down slightly, though (-0.2%).

Tags: for is up change

 

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