Telecoms Down as Doubts on Deals Rise -- Telecoms Roundup

Features Dow Jones Newswires

Shares of telecommunications companies fell Tuesday as concerns grew about the outlook for deals. Shares of Time Warner closed down 0.8% at $90.38 after trading over $100 following AT&T's agreement to buy the entertainment conglomerate. The share drop reflects skepticism that the telecom giant will overcome a regulatory attempt to block the merger.

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Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

December 06, 2017 17:16 ET (22:16 GMT)