TMUS
Communications-services companies rose after mixed earnings reports.
Charter Communications posted mixed results, missing Wall Street's profit target but beating on revenue as its mobile-service business grew more quickly than expected.
T-Mobile US shares plunged amid concerns about a slowing rate of subscriber growth. Network carriers warned that their customers will bear the brunt of the Trump administration's tariffs. Executives from AT&T, T-Mobile and Verizon all stated they plan to pass added costs from tariffs onto consumers with higher phone prices.
Write to Rob Curran at [email protected]
(END) Dow Jones Newswires
04-25-25 1742ET