Communications Services Down on Trade-Policy Confusion -- Communications Services Roundup

Dow Jones

2025/05/30

Communications-services companies fell as confusion over trade policy weighed on some higher risk sectors.

Shares of Netflix fell by almost 2%. More defensive issues such as cell-phone carrier Verizon rose.

A unit of Japanese telecom giant Nippon Telegraph & Telephone plans to buy SBI Sumishin Net Bank in a deal valuing the major Japanese internet-banking services provider at $5.1 billion, part of efforts to strengthen its financial-services business.

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

(END) Dow Jones Newswires

May 29, 2025 17:45 ET (21:45 GMT)

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More defensive issues such as cell-phone carrier Verizon rose. \n</p>\n<p>\n  A unit of Japanese telecom giant Nippon Telegraph &amp; Telephone plans to buy SBI Sumishin Net Bank in a deal valuing the major Japanese internet-banking services provider at $5.1 billion, part of efforts to strengthen its financial-services business. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Rob Curran at rob.curran@dowjones.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 29, 2025 17:45 ET (21:45 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2539429941","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539429941","pubTimestamp":1748555100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Communications-services companies fell as confusion over trade policy weighed on some higher risk sectors.Shares of Netflix fell by almost 2%. 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