Telecoms Down on Cyclical Bias -- Telecoms Roundup

02/09/18 04:44 PM EST

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, rob.curran@dowjones.com

 

(END) Dow Jones Newswires

February 09, 2018 16:44 ET (21:44 GMT)

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