|
|
Adjusted Beta 5 years |
Gearing average |
Asset Beta 5 years |
PTC |
Equity Beta 5 years |
|
Belgacom |
0,52 |
30,05% |
0,36 |
36,20% |
0,57 |
|
BT Group |
1,01 |
63,08% |
0,37 |
36,20% |
0,59 |
|
Deutsche Telekom |
0,65 |
39,43% |
0,39 |
36,20% |
0,62 |
|
Elisa OYJ |
0,90 |
30,53% |
0,63 |
36,20% |
0,98 |
|
France Telecom |
0,56 |
46,76% |
0,30 |
36,20% |
0,47 |
|
Hellenic Telecommunications |
0,77 |
46,71% |
0,41 |
36,20% |
0,64 |
|
KONINKLIJKE KPN NV |
0,61 |
57,03% |
0,26 |
36,20% |
0,41 |
|
Magyar Telecom |
0,80 |
26,15% |
0,59 |
36,20% |
0,92 |
|
Swisscom |
0,60 |
43,50% |
0,34 |
36,20% |
0,53 |
|
Telekom Austria |
0,78 |
43,91% |
0,44 |
36,20% |
0,68 |
|
Telecom Italia |
0,79 |
54,55% |
0,36 |
36,20% |
0,56 |
|
Telefonica |
0,85 |
56,14% |
0,37 |
36,20% |
0,59 |
|
Telenor ASA |
0,90 |
31,02% |
0,62 |
36,20% |
0,97 |
|
TeliaSonera AB |
0,85 |
17,39% |
0,70 |
36,20% |
1,09 |
|
PT SGPS |
0,91 |
53,39% |
0,42 |
36,20% |
0,66 |
|
Average |
0,77 |
42,64% |
0,44 |
36,20% |
0,69 |
Source: Bloomberg, PwC Report (2009) and ICP-ANACOM calculation
