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Opening Glance: Telecom Services



07 May 2008 @ 10:09 am EST

NEW YORK (AP) - Telecom service providers opened mixed Wednesday, with Sprint Nextel and Clearwire up on news the two are planning to combine their wireless broadband units to create a new, $14.55 billion wireless communications company.

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Quotes
ATT 25.02 -0.01
S 9.17 -0.23
VZ 38.77 -0.13
Q 4.76 -0.01
CLWR 13.9 0.13

SYMBOL LOOKUP

Here is a look at how some key telecom stocks performed Wednesday:

AT&T Inc. fell 53 cents to $39.03.

Sprint Nextel Corp. rose 36 cents, or 3.9 percent, to $9.55.

Verizon Communications Inc. fell 52 cents to $38.37.

Qwest Communications International Inc. rose 12 cents, or 2.4 percent, to $5.08.

Clearwire Corp. rose $1.24, or 7.5 percent, to $17.70.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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