Europe TMT Weekly Update articles from June 2005

Europe TMT Weekly Update archives from June 2005

By the numbers.
June 6, 2005... By The Numbers Week Ended June 3 Weekly Close Change YTD% FTSE eTx 50 Index 344.81 5.63 5.26% FTSE Eurofirst 300 ...

Eye on the market.
June 6, 2005... European technology, media and telecom plays were mostly higher last week, while the broad markets were slightly positive. The telecom sector underperformed, weighed down by Portugal Telecom after it said it would increase investment in order...

Last week's top stories.
June 6, 2005... MONDAY TF1 Q1 net profit slips to 60.9 million euros from 70.9 million euros before. KPN launches a discount mobile service in Germany. Jazztel is awarded a Spanish mobile virtual license. Elisa sells Comptel stake. TUESDAY Elisa...

Select earnings expected this week.(Looking Ahead)
June 6, 2005... * Radstone Technology (Full Year Earnings) EPS estimates for the fiscal full year ending March 2005 range from 19.12 pence to 19.65 pence. * Cairo Communications (Half Year Earnings) EPS estimates for the fiscal full year ending...

Select economic data expected this week.(Looking Ahead)
June 6, 2005... MONDAY Germany * Manufacturers' Orders (April-Preliminary). Last month, preliminary orders rose by 3.7% year-on-year. THURSDAY United Kingdom * Bank of England Monetary Policy Committee Meeting. Interest rates currently...

Notes and quotes.
June 6, 2005... * "Newspapers are clearly undergoing a renaissance through new products, new formats, new titles, new editorial approaches, better distribution and better marketing,"... "Despite the incredible competitive challenges in the advertising market,...

By the numbers.
June 13, 2005... By The Numbers Week Ended June 10 Weekly Close Change YTD% FTSE eTx 50 Index 351.49 6.68 7.30% FTSE Eurofirst 300 ...

Eye on the market.
June 13, 2005... The technology, media and telecom sectors were slightly higher last week, while the broad markets posted moderate gains. The technology sector received a late boost after U.S. chipmaking peer Intel upped its second quarter guidance. The firm...

Last week's top stories.
June 13, 2005... MONDAY French government sells off 6.2% of France Telecom, raising 3.4 billion euros and leaving the state with 34.9% of the group. Nokia strikes two-year extension to DTAC's network expansion agreement. TUESDAY Siemes sells off...

Select earnings expected this week.(Looking Ahead)
June 13, 2005... * Ubisoft (Full Year) EPS estimates for the fiscal full year ending March 2005 range from 0.96 euros to 1.29 euros. * Future Plc (Interim) EPS estimates for the fiscal full year ending September 2005 range from 6.00 pence to 6.50 pence. ...

Select economic data due this week.(Looking Ahead)
June 13, 2005... TUESDAY France * Consumer Price Index (CPI) (May). Last month, consumer prices rose by 1.9% year-on-year. WEDNESDAY Italy * Consumer Price Index (CPI) (May-Final). Last month, consumer prices rose by 1.9% year-on-year....

Notes and quotes.
June 13, 2005... * Elena Bazhenova, a telecoms analyst at Aton brokerage in Moscow, referring to the sharp drop in Average Revenue Per User (ARPU) at Russia's top two mobile operators said: "Mobile operators in other emerging markets are managing to post...

By the numbers.
June 20, 2005... By The Numbers Week Ended June 17 Close Weekly YTD% Change FTSE eTx 50 Index 352.98 1.49 7.76% FTSE Eurofirst 300...

Eye on the market.
June 20, 2005... European technology, media and telecom stocks were higher last week, in line with the broad markets. There was little corporate news in the sectors, but amid telecom plays, Versatel fell heavily after discussions with Belgacom regarding...

Last week's top stories.
June 20, 2005... MONDAY Nokia signs agreement with Elisa to extend the operator's second and third generation networks in Finland and Estonia. Vodafone unveils mobile data pricing changes. TUESDAY Versatel falls sharply after talks with Belgacom...

Select earnings expected this week.(Looking Ahead)
June 20, 2005... * Elisa Corporation (Half Year Earnings) EPS estimates for the fiscal full year ending December 2005 range from 0.74 euros to 1.22 euros. * Bouygues (Q1 Earnings) EPS estimates for the fiscal full year ending December 2005 range...

Select economic data due this week.(Looking Ahead)
June 20, 2005... MONDAY Italy * Unemployment Rate (Q1'05). In Q4'04, unemployment stood at 8%. TUESDAY France * Consumer Manufactured Goods Consumption (May). Last month, consumption was up 2.8% year-onyear. Sweden * Riksbank...

Notes and quotes.
June 20, 2005... * "It is probably too late for media companies to acquire their way into the lucrative search business. The acquisitions are about fine-tuning strategies rather than acquiring to change radically their business." Aryeh Bourkoff of UBS,...

By the numbers.
June 27, 2005... By The Numbers Week Ended June 24 Weekly Close Change YTD% FTSE eTx 50 Index 358.25 5.27 9.37% FTSE Eurofirst 300 ...

Eye on the market.
June 27, 2005... European technology, media and telecom stocks were mixed, with the technology sector outperformed, while the media and telecom sectors slipped. Infineon Technologies was in focus after the Handelsblatt newspaper reported the chipmaker was...

Last week's top stories.
June 27, 2005... MONDAY Ericsson announces 330 million Norwegian kroner offer to acquire Axxessit. France Telecom denies weekend press reports that it was planning to bid for Cable & Wireless. TUESDAY Getronics announces its one for seven reverse...

Select earnings expected this week.(Looking Ahead)
June 27, 2005... * Northgate Information Solutions (Preliminary Full Year) EPS estimates for the fiscal full year ending April 2005 range from 4.26 pence to 4.66 pence. * First Technology (Preliminary Full Year) EPS estimates for the fiscal full...

Select economic data due this week.(Looking Ahead)
June 27, 2005... MONDAY Germany * Ifo Survey (June). In May, the IFO index stood at 92.9. THURSDAY Euro Zone * Economic Sentiment (June). Last month, the index stood at 96.1. * Harmonised Index of Consumer Prices (HICP) (June- Flash)....

Notes and quotes.
June 27, 2005... * "3G does seem an unreliable technology,"..."Video calls are sometimes dropped because you go outside a 3G area, but they also seem to drop for no apparent reason. In terms of quality, the new services are mixed. Video calls are ropy and the...