Telecoms Down as Deal Outlook Is Unclear -- Telecoms Roundup

Features Dow Jones Newswires

Shares of telecommunications companies ticked down as traders hedged their bets on the outlook for deal activity in the sector.

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AT&T and Time Warner agreed to extend the deadline to close their combination to June 21, hunkering down for a long battle with the Justice Department, which is filing suit to block the deal.

Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

December 22, 2017 17:14 ET (22:14 GMT)