Shares of telecommunications companies rose amid optimism about further consolidation in the sector. An increase in the royalty rates satellite-radio concern Sirius XM will pay for music it plays. Unicom, China's No. 2 wireless operator, may see its A-shares become fully convertible into Hong Kong-traded H-shares under new financial-system reforms, as reported earlier.
-Rob Curran, email@example.com
Continue Reading Below
(END) Dow Jones Newswires
January 02, 2018 16:37 ET (21:37 GMT)