Telecoms Up Amid Earnings Optimism -- Telecoms Roundup

FeaturesDow Jones Newswires

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

Verizon Communications rose sharply as traders bet the carrier will report benefits from the tax-overhaul bill in its latest earnings report.

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In one potential hiccup for carriers, the widely anticipated iPhone X was tallied as the least popular of the trio of new devices Apple sold in the U.S. during the December quarter, according to a survey by data-collection firm Consumer Intelligence Research Partners. The iPhone X is seen as a pivotal device for both the manufacturer, Apple, and the carriers.

--Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

January 22, 2018 16:49 ET (21:49 GMT)

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