Communications Services Down After Verizon Earnings — Communications Services Roundup

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Communications services companies fell after mixed earnings from one major carrier.

Verizon Communications rose after the carrier added more subscribers than anticipated, posting higher revenue for the recently ended quarter.

Paramount Global may rebrand its Showtime cable channel and add content from its Paramount+ streaming service as it looks to combine the two offerings, The Wall Street Journal reported.

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

(END) Dow Jones Newswires

01-24-23 1728ET

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