Shares of telecommunications companies rose as traders bet on further deal activity in the sector. Britain is unlikely to open an antitrust review into Comcast's $30 billion bid for U.K. pay-TV giant Sky, a senior government official said Monday, removing a hurdle for the cable firm in a takeover battle that also includes 21st Century Fox Inc. and Walt Disney Co.

-Rob Curran, rob.curran@dowjones.com

 

(END) Dow Jones Newswires

May 21, 2018 17:01 ET (21:01 GMT)

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