Analysen von Torsten Achtmann
| 10.12.12 | Telefonica Deutschland overweight | J.P. Morgan Cazenove | |
| 10.12.12 | TIM (ex Telecom Italia) neutral | J.P. Morgan Cazenove | |
| 26.11.12 | TIM (ex Telecom Italia) neutral | J.P. Morgan Cazenove | |
| 02.10.12 | Telefonica neutral | J.P. Morgan Cazenove |