Communications Services Down as Traders Await Deal Developments - Communications Services Roundup

Dow Jones06:16

Communications services companies ticked down from all-time highs as traders awaited deal developments.

Comcast rose, and is more or less flat for the year to date.

Russia is suspected of orchestrating another major act of sabotage in Europe after two key fiber-optic data cables running below the Baltic Sea were cut off in quick succession earlier this week, government officials said. A 135-mile internet link connecting Sweden's Gotland Island and Lithuania stopped working on Sunday morning, and a similar 700-mile-long cable linking Finland and Germany ceased to operate the following night.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

November 21, 2024 17:16 ET (22:16 GMT)

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