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

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(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.
Source: Industry News (syndicated from Telecompaper.com)

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