Last week in telecoms: German auction ends, US merger gets complicated
Altice Europe and Tele Columbus were last week’s biggest winners. The shares were up 11 and 20 percent, respectively. Altice, as a result, extended its year-to-date gain to 70 percent, whereas Tele Columbus reduced its year-to-date loss to 42 percent. The Telecompaper Stock Index European Telecoms Services ended the week up 1.1 percent, versus a practically unchanged EuroStoxx 50 index.