Last week in telecoms: Sky's takeover, Dutch open cable regulation and Italy's 5G auction moving ahead, while Intelsat's YTD gain reaches 800%

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(Telecompaper) With the auction of Sky ending a long takeover battle, a spectrum auction in Italy going into overdrive and potentially explosive regulatory news from the Netherlands, the European telecoms sector proved to be anything but dull last week. Share price performance in week 39 ranged from a loss of 8 percent to a gain of 35 percent. Our index lost 0.5 percent, performing slightly better than the EuroStoxx 50 index (-0.9%). Intelsat extended its year-to-date gain to no less than 800 percent.
Source: Industry News (syndicated from Telecompaper.com)

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