Telecoms Higher on Earnings Optimism -- Telecoms Roundup

Published October 10, 2017
Dow Jones Newswires

Shares of telecommunications companies rose amid optimism ahead of earnings season.

Weakness in demand for Apple's iPhone 8 smartphone could take the pressure off carriers AT&T, Verizon, T-Mobile US and Sprint, who would otherwise spend their earnings calls talking about price cuts to lure the smartphone buyers, according to an analyst at brokerage BTIG Research.

Rob Curran,

(END) Dow Jones Newswires

October 10, 2017 16:38 ET (20:38 GMT)