Last week in telecoms: M&A positive for Veon, negative for Inmarsat and Altice

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You Are Here:Last week in telecoms: M&A positive for Veon, negative for Inmarsat and Altice

(Telecompaper) Last week’s share price performances were positive enough to bring our European telecoms index back to a level we hadn’t seen since the middle of May. Veon was the absolute winner, followed by Turk Telekom (+12%). The three Belgain shares in our basket showed strong recovery from recent weakness: Telenet (+12%), Proximus (+7.7%) and Orange BE (+6.9%). We also recorded some double digit losses, for Telekom Slovenije, Inmarsat and Polish Play Communications (-11%).
Source: Industry News (syndicated from Telecompaper.com)

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