Shares of telecommunications companies were flat as traders rotated into defensive, dividend-yielding sector in a hedge on the outlook for interest rates. Sprint shares fell modestly as analysts gave a mixed review to the company’s bold offer to give away a year of cell-phone service for free to customers who switched from other carriers.
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-Rob Curran, email@example.com
(END) Dow Jones Newswires
June 15, 2017 16:43 ET (20:43 GMT)