Telecoms Down After Mixed Earnings Season - Telecoms Roundup

FeaturesDow Jones Newswires

Shares of telecommunications companies ticked down after a mixed earnings season for broadcasters and cell-phone carriers. Apple opened advanced sales for the iPhone X and early orders pushed estimated shipment dates into December, at least twice the wait for new models a year ago. For Apple, this bodes well, but, for carriers, it could further delay an expected wave of subscription upgrades tied to demand for the premium phone.

-Rob Curran,

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(END) Dow Jones Newswires

October 27, 2017 16:37 ET (20:37 GMT)