Communications services companies were more or less flat as traders hedged their bets on the outlook for deals. Negotiations to complete the merger of T-Mobile U.S. and Sprint are dragging on as the parties haggle over ownership restrictions and other conditions for Dish Network once it gets assets from the wireless companies, The Wall Street Journal reported. The delay weighed on shares of Sprint and, to a lesser extent, T-Mobile. Cable mogul John Malone may get another bite of the apple as Univision Communications' private-equity owners look to sell the Spanish-language broadcaster two years after rejecting a Malone-backed offer for the company. Shares of Snap rose after analysts at Bank of America Merrill Lynch Global Research boosted their rating on the owner of social network Snapchat, forecasting significant growth in its user tally for the latest quarter. Alphabet's Google said contractors are listening to customer audio recorded by the company's virtual assistant, a disclosure prompted by a Belgian media report.
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