New Street Research - Tele Columbus (TC1) TELECOLUMBUS: Improving Internet adds could offer double upside for creditors

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New Street Research

James Ratzer

EUR 9319.00 For Business Accounts Only

TELECOLUMBUS: Improving Internet adds could offer double upside for creditors

We apologise for sending this out over the weekend, but following yesterday's results and call, we wanted to fully update our model before publishing.

In this note, we run through why TeleColumbus’s strong Q4 Internet net adds figures could be doubly good news for creditors, and we publish our updated forecasts, with an updated valuation showing different scenarios for creditors. Their comments on TV and Internet adds are also highly relevant for Vodafone investors.

28/04/2024 1 EN

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Tele Columbus

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New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
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Global Emerging Market Telecoms
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Pan European Telecom Services and Cable

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Analysts

James Ratzer

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TELECOLUMBUS: Improving Internet adds could offer double upside for creditors

TeleColumbus Q1 24: The TV transition is underway

TELE COLUMBUS: CMD feedback - Credit still looks attractive with optionality

German spectrum auction Evidence of pragmatic telecoms regulation

Didi’s resurgence in Latin America. What next?

NSR Tech Policy: Supreme Court Sends Social Media Cases Back to Lower Courts

NSR Policy: Chevron’s Demise: What May Be True for Some Sectors May Not Be True for Telecom

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