Terra Lycos Buy 23.0 e. Bank of America analysts estimate that by 2005 the European broadband market will turn over a significant EUR 40 billion. He is cautious for the short term. The heavy spending required to establish solid long-term operating platforms causes the market considerable nervousness.
Stocks are back closer to their fundamental levels.
The Dutch company is uniquely positioned to exploit the pent-up demand for broadband telecom services from SMEs in the Benelux and Northwest Germany. Funding is not a concern and much competition in Versatel's core market has been removed by difficult market conditions. Negative news is impacting short term performance but is in part priced in and we are buyers. Arguably the most technologically advanced telecom company in Europe, e. Buy As market leader in Europe with 'first move' advantage, proven strategy and strong execution, COLT should be high on the list for investors wanting exposure to European Altnets.