Last week in telecoms: portfolio management and Comcast wins the Sky auction

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(Telecompaper) Most European telecoms stocks moved within a relatively narrow range in week 38. Stock performances varied between a loss of 4 percent and gain of 8 percent, not counting two outliers: Greek Forthnet (-15%) and German QSC (+13%). The week’s most important news actually came in over the weekend, when an auction was staged for Sky (+0.3%), leaving Comcast the winning bidder.
Source: Industry News (syndicated from Telecompaper.com)

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