Telecom Shares Eke Out Gains - Communication Services Roundup
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Dow Jones
The Communication Services Select Sector SPDR Fund edged 0.1% higher.
AT&T was down for a fourth session. Last week, it said it would continue to offer discounted internet service to low-income customers, even if Congress doesn't re-fund the Affordable Connectivity Program. The stock is down 4% since Wednesday.
Shares of Harmonic fell 14% after the video-streaming and broadband company ended a review of its video business without completing a transaction.
Write to Mary de Wet at mary.dewet@dowjones.com
(END) Dow Jones Newswires
April 09, 2024 17:16 ET (21:16 GMT)
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