Last week in telecoms: regulation, Italy, BT and Telenet in focus

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(Telecompaper) The European telecoms sector managed last week to outperform the broader market. The Telecompaper sector index ended the week up 0.7 percent, versus a 1.5 percent loss for the EuroStoxx 50 index. Vodafone and Deutsche Telekom, our index’s heaviest contributors, ended the week with gains of 6.6 and 3.0 percent, respectively. Two microcaps delivered the best results: Tiscali (+20%) and Forthnet (+9.8%). Gamma Communications, without significant news, lost 12 percent, erasing a large part of this year’s gain.
Source: Industry News (syndicated from Telecompaper.com)

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