European stocks for the long run?

[oddballstocks]

alwaysinvert,

 

I remember reading about headwinds for Telefonica but don't remember specifics.  For Vivendi I'd recommend reading this post:

http://valueinvestingfrance.blogspot.com/2012/01/vivendi-vs-free-update.html (French on top, English translation lower)

 

Large price war going on, Vivendi's price is 4x higher than the low cost operator.  Seems a lot of people in France hate their service and are leaving.  I'm not sure if that's shown up in the numbers yet.

 

For mobile operators in foreign countries I always try to talk to customers to get a local perspective.  I know in the US people have strong feelings towards AT&T vs Verizon, but you'd never know that by looking at the statements.