Monday, July 2, 2007

Rural wireless shares up after AT&T-Dobson deal

(Reuters) - Shares of U.S. Cellular rose 2 percent on the American Stock Exchange as investors bet it too could be part of the current wave of telecommunications mergers and acquisitions.




"They're certainly up because of M&A speculation ... Rural Cellular and SunCom are the ones that are up the most on acquisition speculation," said Stanford Group analyst Michael Nelson.


Read more at Reuters.com Hot Stocks News

No comments: