(Telecompaper) Last week saw Cellnex agree a major takeover, while Vodafone kicked off a cost savings program and KPN potentially made a big shift in its commercial strategy. Overall, the European telecoms services sector performed well, as per our related index, which was up 2.1 percent in week 41. Still, this was significantly behind the EuroStoxx 50’s sharp 3.6 percent rise. Forthnet (+16%) and Go Internet (-9.8%) were the micro cap outliers. BT’s gain of 12 percent was the biggest large cap leap.


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