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Last week in telecoms – Vodafone wins on results and towers spin-off

It was business as usual in the European telecoms sector, last week. Earning season was well underway, with some mergers news. The Telecompaper Stock Index European Telecoms Services was up 1.2 percent in week 30, just about in step with the EuroStoxx 50 index (+1.3%). Vodafone (+13%), Tele Columbus (+11%) and Iridium (+9.6%) came out the winners. Two data centre shares were among the biggest losers, Digital Realty (-5.3%) and Equinix (-3.5%), according to Telecompaper.

Quarterly results came in from the following companies:

The M&A developments of last week: