Communications services companies rose, but not by as much as some sectors, as traders rotated back into value areas of the market.

Ligado Networks moved closer to commercializing a cache of spectrum licenses after it received approvals from an international organization that sets specifications for 5G spectrum.

Verizon Communications agreed to buy Senion, which provides indoor positioning technology for offices, malls and other locations.

Norwegian telecom provider Telenor and Malaysian operator Axiata Group signed an agreement formalizing the proposed merger of their Malaysian mobile operations, Celcom Axiata and Digi.

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

(END) Dow Jones Newswires

06-21-21 1735ET