Telecom Stocks Get Boost From Report of Sprint, T-Mobile Talks -- Market Mover
April 10 2018 - 1:25PM
Dow Jones News
Shares of telecom companies jumped Tuesday after The Wall Street
Journal reported that Sprint Corp. (S) and T-Mobile US Inc. (TMUS)
have rekindled merger talks. Shares of Sprint are up 17% as
T-Mobile rose 6.5% in afternoon trading. Meanwhile, Verizon
Communications Inc. (VZ) shares rose 3.3% and AT&T Inc. (T)
shares rose 2.4%. (Austen.Hufford@wsj.com; @austenhufford)
(END) Dow Jones Newswires
April 10, 2018 13:10 ET (17:10 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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