Communications Services Down on Earnings, Rate Worries -- Communications Services Roundup

Communications services companies fell amid earnings growth and interest-rate concerns.

Paris-based Eutelsat Communications agreed to buy the U.K.'s OneWeb Global, a deal that would combine the two companies' separate fleets of internet-delivering satellites and create a bigger competitor to SpaceX's Starlink service.

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(END) Dow Jones Newswires

07-26-22 1715ET