Last week in telecoms: 5G auctions and wholesale deals for geographic expansion

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(Telecompaper) Deutsche Telekom, a heavyweight in our European telecoms index, reported quarterly results last week, as did its main subsidiaries and competitors Freenet and QSC. The Italian market was dominated by operators’ ongoing adjustments of their pricing, in response to the new reality of Iliad in the market. The European wholesale markets also featured in the news, allowing several operators to expand their footprints. Our index ended week 32 down 1.3 percent, slightly outperforming the broader EuroStoxx 50 index’s drop of 1.6 percent. Intelsat extended its lead, after a weekly gain of 12 percent, to a year-to-date performance of no less than +622 percent.
Source: Industry News (syndicated from Telecompaper.com)

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