Communications Services Up On Growth Bias -- Communications Services Roundup

05/13/2021 | 05:16pm

Communications services companies rose as investors rotated back into growth sectors.

T-Mobile US Chief Financial Officer Peter Osvaldik said the cell-phone carrier would "stick to our playbook" with profitable discounts and avoid chasing rivals like AT&T, which is recruiting customers with aggressive smart-phone promotions.

Shares of Walt Disney fell after hours in the wake of the entertainment conglomerate's earnings report.

Write to Rob Curran at

(END) Dow Jones Newswires

05-13-21 1715ET

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