Last week in telecoms: Vodafone and Orange drag on index, biggest losses at Iliad and MegaFon

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(Telecompaper) Two stocks stood out last week for being hit very hard: Iliad (-13%) and MegaFon (-15%). Iliad’sĀ results worried investors, as its internationalisation to Italy and Ireland appears to be on track. MegaFon also dropped on Q4 results. The best performing stocks were mobile operator Turkcell (+4.2%), after resultsĀ and an upwards revision of its guidance, satellite operator SES (+4.7%) and data centre operator Equinix (+6.3%). Microcaps QSC (+4.4%) and CityFibre (+4.5%) also had a strong week.
Source: Industry News (syndicated from Telecompaper.com)

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