mmO 2

Credit of the month

june02-com-timjagger-gif
Tim Jagger
Royal Bank of Scotland

Buy
The problems at WorldCom have led to increased investor caution towards telecom companies, particularly those perceived to have weak market positions and/or ambitious strategies. This has impacted both the equity and bond prices of mmO2 given its current weak market position in Germany and its ambitious business plan that seeks to quadruple Ebitda from £400m to £1.5bn in three years. We believe the recent spread widening is overdone and recommend i

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: