By Stuart Condie SYDNEY TPG Telecom said it will consider appealing to Australia's Federal Court after a second competition regulator blocked its plan to.
By Stuart Condie SYDNEY TPG Telecom said that it will consider appealing to Australia's Federal Court after a second competition regulator blocked its plan.
By Anthony O. Goriainoff and Joe Hoppe Vodafone Group said Wednesday that it has agreed to merge its U.K. operations with CK Hutchison Holdings' Three as.
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A general view of a Total petrol station in Kampala, Uganda, on Jan. 28, 2020. AFP via Getty Images
They say it’s lonely at the top.
For France’s Total, years of dominance on the oil patch are over, say analysts at Cowen, who downgraded the company to market perform from outperform in a note to clients on Tuesday. Jason Gabelman and George Kuhle say they continue to like Total’s strategy, but it faces a tougher two years ahead.
“TOT is trading at an elevated premium versus peers while we expect its balance sheet advantage to shrink to in-line with peers. Production growth will slow after leading the group while nonproductive capex rises,” says the pair.