Telecoms Down on Cyclical Bias -- Telecoms Roundup
Shares of telecommunications companies ticked down as traders rotated back into economically cyclical sectors, abandoning dividend-oriented areas viewed as shelters from market storms. T-Mobile US shares ticked up, but most of the carrier's recent losses stuck, amid fears that an apparent truce in the cell-phone services price war will result in slowing subscriber growth.
-Rob Curran, firstname.lastname@example.org
(END) Dow Jones Newswires
February 09, 2018 16:44 ET (21:44 GMT)Copyright (c) 2018 Dow Jones & Company, Inc.