Telecoms Fall as Speculation Over Deal Weighs on Time Warner -- Telecoms Roundup

FeaturesDow Jones Newswires

Shares of telecommunications companies fell on doubts about the outlook for a major deal.

Time Warner shares declined because of speculation over whether AT&T would receive regulatory approval to close a deal to buy the entertainment conglomerate in its current form. Negotiations between AT&T and the Justice Department over the approval of the deal are reportedly ongoing.

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Metro-Goldwyn-Mayer named television and movie veteran Michael Wright president of its EPIX pay-television channel.

Rob Curran,

(END) Dow Jones Newswires

November 13, 2017 17:19 ET (22:19 GMT)