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Communications Services Down on Oil Fears — Communications Services Roundup

Provided by Dow Jones Jul 14, 2026, 10:01:00 PM

Communications-services companies ticked down as traders eyed rising oil prices.

Swedish telecom-services giant Ericsson warned of weaker profitability in its networks business after sales declined in the higher-margin North American market and as chip prices continued rising.

Big Shot Pictures, the family-entertainment company led by former Paramount co-Chief Executive Brian Robbins, has taken a 25% stake in the Alvin and the Chipmunks franchise in partnership with Bagdasarian Productions, which owns the property, with plans for short and long-form films.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

July 14, 2026 18:01 ET (22:01 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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