Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Communications Services Up As Verizon Agrees To Buy Tracfone -- Communications Services Roundup

share with twitter share with LinkedIn share with facebook
09/14/2020 | 06:23pm EDT

Communications services companies rose amid deal activity.

Verizon Communications shares rose after it agreed to buy budget carrier TracFone for up to $7 billion in cash and stock from Mexican carrier America Movil in an effort to boost its prepaid business.

TracFone estimated it has about 21 million prepaid subscribers in the U.S., under its eponymous brand and others. Shares of America Movil rallied.

U.K. bookmaker William Hill said its U.S. partner has signed a co-exclusive agreement with ESPN, opening up the company to a bigger market.

 

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


Stocks mentioned in the article
ChangeLast1st jan.
AMÉRICA MÓVIL, S.A.B. DE C.V. -1.90% 12.88 End-of-day quote.-14.70%
VERIZON COMMUNICATIONS INC. 0.80% 56.76 Delayed Quote.-8.29%
WILLIAM HILL -0.04% 274.5 Delayed Quote.45.72%
share with twitter share with LinkedIn share with facebook
Latest news "Economy & Forex"
06:59pTech earnings tsunami buoys Alphabet, sinks Apple
RE
06:46pOil extends losses with 4% slump on renewed lockdowns
RE
06:46pOil extends losses with 4% slump on renewed lockdowns
RE
06:41pAlphabet sales growth revived as advertisers flock back to Google
RE
06:40pANTERO RESOURCES : Issues Notice of Redemption for its 5.375% Senior Notes Due 2021
PU
06:38pStocks rebound with tech in the lead
RE
06:26pFrequent hurricane shutdowns weigh on U.S. energy results
RE
06:25pNATIONAL BUREAU OF STATISTICS OF REPUBLIC OF M : The results of the structural survey in enterprises in 2019
PU
06:10pSTATISTICS NEW ZEALAND : Home transfers rebound in September quarter
PU
06:09pWalmart pulls firearms, ammunition from U.S. store floors as civil unrest flares
RE
Latest news "Economy & Forex"