Telecoms Edge Up -- Telecoms Roundup

Shares of telecommunications companies rose, but not by as much as the broad market, as traders hewed to economically sensitive areas in the wake of jobs data.

Idea Cellular shares surged after the Indian cellphone carrier said it would raise $1.07 billion in capital, a war chest it may need to compete on price with rivals such as Reliance Communications.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

January 05, 2018 16:57 ET (21:57 GMT)