Communications Services Climb With Risk Appetite - Communications Services Roundup

Published: 2025-05-12 17:36:27 ET SATS

Published on 05/12/2025 at 17:36

Communications-services companies rose sharply, as risk appetite rebounded.

Broadcaster Fox, which shares ownership interests with the publisher of this newswire, recorded a big gain in quarterly revenue from its broadcast of the Super Bowl, higher prices and higher news ratings, while surging costs cut into its earnings.

The Federal Communications Commission told Charlie Ergen, the chairman and co-founder of network operator EchoStar, that the agency's staff would investigate the company's compliance with federal requirements to build a nationwide 5G network.

Write to Rob Curran at [email protected]

(END) Dow Jones Newswires

05-12-25 1735ET