Telecoms Up on Deals View -- Telecoms Roundup
December 08 2017 - 4:42PM
Dow Jones News
Shares of telecommunications companies rose slightly in
anticipation of further deals in the sector. Investors are betting
that 21st Century Fox's chances of receiving British government
approval for full control of pay-television concern Sky PLC would
be given a lift by a sale of assets to Walt Disney, boosting shares
of Sky this week. Vodafone rose after analysts at brokerage
Barclays boosted their rating on the British cellphone carrier,
saying that investors were overly focused on issues, such as its
ability to generate revenue from data plans, which are no longer
relevant to its healthy growth prospects.
--Rob Curran, rob.curran@dowjones.com
(END) Dow Jones Newswires
December 08, 2017 16:27 ET (21:27 GMT)
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