Shares of telecommunications companies rallied amid optimism about the impact of a new line of Apple smartphones on demand for premium services.
RBC analyst Amit Daryanani said carriers may yet offer substantial discounts on iPhones once the delayed iPhone X launch happens, as reported earlier.
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Mobile carrier ATN International said its networks in the U.S. Virgin Islands were extensively damaged by Hurricane Irma last week and that it was still assessing costs.
-By Rob Curran, email@example.com
(END) Dow Jones Newswires
September 15, 2017 18:01 ET (22:01 GMT)