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(Telecompaper) Last week was relatively uneventful for the European telecoms market. The proposed Sunrise/UPC merger in Switzerland hasn’t been resolved yet, but Telenor is nearing the full takeover of Finnish DNA. Our European Telecoms Services index ended week 39 up 0.5 percent, versus a decline of 0.7 percent for the EuroStoxx 50 index. SES (+11%), Altice Europe (+7.7%) and Cellnex (+6.3%) were the biggest winners, Forthnet the biggest loser (-22%).

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