Telecoms Decline -- Telecoms Roundup

Features Dow Jones Newswires

Shares of telecommunications companies fell on fears about the outlook for growth.

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Colby Synesael, an analyst at Cowen, said the 5G wireless networks that Verizon and AT&T are building out could compete with cable companies' broadband offerings in the home.

Television network CBS said it is adding eight new television series--including a prequel to "The Big Bang Theory," its biggest comedy hit--to its 2017-18 prime-time lineup.

-By Rob Curran,

(END) Dow Jones Newswires

May 17, 2017 17:40 ET (21:40 GMT)