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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