European telcos: mixed signals

Credit of the month

com-sarahmartin-gif
Sarah Martin
Lehman Brothers

Modestly overweight (underweight DT & FT)
The one thing that is certain about the telco sector is that it will remain volatile, with sentiment swinging 180 degrees in short order. Currently, sentiment is against the sector for the following reasons: firstly, generally poor Q1 results and earnings downgrades, particularly for wireless operations; next, sharply declining equity prices, resulting largely from the weakened earnings outlook; thirdly, contagion f

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: