Commodities: Telecoms Down as Doubts on Deals Rise — Telecoms Roundup

Shares of telecommunications companies fell Tuesday as concerns grew about the outlook for deals. Shares of Time Warner closed down 0.8% at $90.38 after trading over $100 following AT&T’s agreement to buy the entertainment conglomerate. The share drop reflects skepticism that the telecom giant will overcome a regulatory attempt to block the merger.

Rob Curran, [email protected]

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