Telecom Shares Slip -- Telecoms Roundup

Features Dow Jones Newswires

Shares of telecommunications companies edged lower.

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Private-equity firm KKR & Co. has pitched a takeover offer for Australian telecommunications company Vocus Communications Ltd. valued at about 2.18 billion Australian dollars (US$1.64 billion). The offer comes as the country's telecoms providers face an increasingly competitive market and a changing landscape as the government rolls out a nationwide broadband network.

Amy Pessetto, amy.pessetto@dowjones.com

(END) Dow Jones Newswires

June 07, 2017 17:54 ET (21:54 GMT)