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Pegas Reports Sales Increase

2019-05-16 15:49:00| Nonwovens Industry Breaking News

Last week in telecoms: augmented earnings reports from Iliad, Deutsche Telekom, Liberty Global, BT, Zayo and Telefonica

2019-05-13 07:01:00| Telecompaper Headlines

(Telecompaper) The European telecoms marktet was particularly eventful in week 19, but a downturn couldn't be prevented against the backdrop of an overall market downturn. The Telecompaper Stock Index (TPSI) European Telecoms Services was down 1.2 percent, against a 4.0 percent loss for the EuroStoxx 50 index. Iliad was the winner, on the sale of much of its tower portfolio, followed closely by its counterpart Cellnex, with a string of deals in its pocket. Tele Columbus was the week's biggest loser, without significant news, losing 11 percent, followed by BT.

Tags: week global reports deutsche

Deutsche Telekom reports underlying revenues up 3.5% in Q1

2019-05-09 08:22:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported first-quarter revenues up 8.7 percent to EUR 19.5 billion, driven by acquisitions in Austria and the Netherlands and continued growth at T-Mobile US. Adjusted EBITDA after leases, which excludes the impact of new accounting rules, rose 8.3 percent to EUR 5.9 billion, and free cash flow on the same basis increased 18.1 percent to EUR 1.6 billion.

Tags: reports deutsche underlying revenues