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This paper deals with valuating telecommunications companies. Six groups operating mainly in the European countries are compared. The comparison is based on financial and techno-economic indicators.These indicators are used to value the company by the DCF method. However, many companies have only a very short history. To value these, classical methods like DCF or real options are not suitable. In this case, methods based on market confrontation seem to be efficient. A further exploration ofdoaj:25436cacf5544a84af78397d638ab82f fatcat:u2t5p6snw5hd3e3ajbljv5xzmu