It's 11:03 AM, the STOXX 600 is down 0.14%, our beloved telco sector is down 1.19%, Deutsche Telekom has basically wiped EUR1.2bn off consensus EBITDA forecasts (for a YoY decline) for next year as it invests for growth, and in the UK OFCOM has just cut wholesale line rental costs by 9%. Does anyone smell smoke?
Wednesday, November 09, 2005
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