Telecoms Rise Amid Deal Intrigue - Telecoms Roundup

Features Dow Jones Newswires

Shares of telecommunications companies rose slightly amid deal intrigue. Sprint's deal with Comcast and/or Charter "may range from a [licensing mobile network] deal to an equity stake to a full acquisition," said analysts at brokerage Nomura Securities, in a research note. "We consider the potential deal a positive for Comcast and Charter. Given investors' expectation that T-Mobile would be the most likely to reach for Sprint, we consider this a negative for T-Mobile."

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-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

June 28, 2017 17:01 ET (21:01 GMT)