Ron Burgundy Posted February 27, 2015 Share Posted February 27, 2015 By Leila Abboud, Harro Ten Wolde and Julia Fioretti PARIS (Reuters) - Europe's big telecom firms are back to rude financial health after years of poor results and regulatory pressure, drawing crowds of new investors and protests from rivals who worry the formerly state-owned companies may rebuild their monopolies. Germany's Deutsche Telekom and Spain's Telefonica have predicted that revenues will grow this year, while France's Orange and Norway's Telenor have promised higher future dividends, a major motivation for investors in the sector. The renaissance is a marked shift from the past five years in which the sector's sales fell steadily because of regulation ending various types of mobile fees and tough competition from cable operators such as Liberty Global and low-cost players like France's Iliad . View the full article Quote Link to comment Share on other sites More sharing options...
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