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Communications Services Up Amid Deal Activity - Communications Services Roundup

07/26/2021 | 05:11pm EDT

Communications services companies ticked up amid deal activity.

Shareholders of MDC Partners and Stagwell Media agreed to merge the two advertising and marketing companies after resolving a dispute that had threatened to derail the deal.

Shares of satellite concern Dish rose after analysts at brokerage MoffettNathanson boosted their rating on the company's stock, saying regulatory issues with its cell-phone business were alleviated by a recent deal between AT&T and T-Mobile US.

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

(END) Dow Jones Newswires

07-26-21 1710ET

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