Altice France (SFR) (Overweight) Altice International (Equal Weight) ...

In our piece initiating coverage on Bouygues (HERE) from last week we outlined our view that the likelihood of French Telco M&A seems to be increasing, and that there is potentially now board pressure to sell at SFR.

EU TELCOS: What a recessionary scenario might look like

When the news of the Trump tariffs first hit the tapes, we didn’t write anything initially as a) we didn’t think we had much of value to add to the thousands of column inches already written on the topic, and b) the direct impact from the tariffs to the EU telecoms sector is minimal – resulting in relative outperformance for the group over the past few days.

Altice France (SFR)/Orange/Iliad/Bouygues ARCEP customer survey 2024 ...

ARCEP has just published its 2024 customer satisfaction data. It makes for interesting reading for all the French operators. We show the key conclusions in this report.

Coffee, Croissants & Credit/Cellnex, Telecom Italia

Telecom - Cellnex evaluating sale of its Swiss business. Telecom Italia's main shareholder open to a merger of the company with Iliad Italy

Telecom Italia (Buy, €0.35) Vivendi exits Telecom Italia: The next st...

Telecom Italia has been one of the best performing telecoms companies in Q1 supported by the potential for evolving corporate activity.

Credit Morning 03/31/2025

Moody’s places Fives CFR on CW positive|Acqua e Sapone: preliminary full-year earnings|Fnac Darty launches the repurchase invitation for 2027 OCEANES at a price of € 77.25|Maxeda bondholders start to organize (9fin)|Telecom Italia: Poste Italiane replaces Vivendi as the largest shareholder|

Morning Crédit 31/03/2025

Moody’s places Fives CFR on CW positive|Acqua e Sapone : résultats annuels préliminaires|Fnac Darty annonce le lancement de l’offre de rachat des OCEANES 2027 au prix de 77,25 EUR|Maxeda : Les principaux créanciers auraient commencé à s’organiser|Telecom Italia : Poste Italiane remplace Vivendi en tant que principal actionnaire|

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 03/31/2025

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 31/03/2025

Telecom Italia : The repercussions of the arrival of Poste Italiana

Coffee, Croissants & Credit/Telecom Italia

Telecom - Poste Italiane acquires an additional equity stake in Telecom Italia

Telecom Italia : Les répercussions de l’arrivée de Poste Italiana

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Telecom Italia, Rekeep, SIG plc, Advanz Pharma, PHM Group, Opella

Orange : Feedback 6th TMT Credit Days – 18 & 19 March 2025

On 18 & 19 March, we organized our 6th TMT credit days with nine issuers in the telecoms, media and technology sectors: Banijay Entertainment, MasOrange, Nexi, Orange, OVHcloud, SES, SoftBank Group, Telecom Italia and Worldline. 110 credit investors registered to the event. This document summarizes our feedback of the virtual meetings by issuer. If you have participated to the meetings, we thank you very much for filling in the questionnaires (links on page 2). Please don’t take this reminder in...

Orange : Feedback 6th TMT Credit Days – 18 & 19 March 2025

On 18 & 19 March, we organized our 6th TMT credit days with nine issuers in the telecoms, media and technology sectors: Banijay Entertainment, MasOrange, Nexi, Orange, OVHcloud, SES, SoftBank Group, Telecom Italia and Worldline. 110 credit investors registered to the event. This document summarizes our feedback of the virtual meetings by issuer. If you have participated to the meetings, we thank you very much for filling in the questionnaires (links on page 2). Please don’t take this reminder in...

Credit Morning 03/24/2025

February retail sales plunge in France, with few exceptions|Fnac Darty announces new bond issue to repay OCEANE notes annonce une nouvelle émission obligataire en vue notamment de racheter ses Océanes|Coty shed 20% stake in SKKN|Emeria reportedly considering selling Assurimo to resolve short-term liquidity|

Morning Crédit 24/03/2025

Des ventes Retail en nette baisse en février en France à de rares exceptions près|Fnac Darty annonce une nouvelle émission obligataire en vue notamment de racheter ses Océanes|Coty cède sa participation de 20% dans SKKN|Emeria songerait à céder Assurimo pour régler ses problèmes de liquidité à court terme|

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Novafives, PPF Telecom, Kantar, CBR Fashion, Playtech, Klockner Pentaplast, CABB, TUI, Lottomatica (formerly Gamenet), Asmodee, Telecom Italia, International Personal Finance, Ardagh, Allwyn (formerly Sazka)

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Tele Columbus, EVOCA, Softbank Group, Forvia (formerly Faurecia), Motel One, Allwyn (formerly Sazka), Vallourec, Oriflame, Intrum

Telecom Italia - ESG Report - Lucror Analytics