Last week in telecoms: Orange BE biggest winner, spotlight on Italy

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(Telecompaper) Last week’s telecoms stock performance ranged from +10 percent for Orange Belgium to -15 percent for Intelsat. On the whole, the sector recovered from the previous week’s negativity, but underperformed the general market. The most important news came out of Italy, where TIM (Telecom Italia, -0.2%) has Vivendi and Elliott battling for control and where Sky (-0.8%) forged two new distribution deals, reported late on Friday.
Source: Industry News (syndicated from Telecompaper.com)

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