Sunday, April 13, 2008

Telecommunications Service Providers Open Slightly Lower As Wall Street Retreats

NEW YORK (AP) -- Shares of telecommunications service providers opened slightly lower Friday along with the broader market, after General Electric's first-quarter results disappointed investors.

Here is how some key telecom stocks performed Friday morning:

AT&T Inc. fell 38 cents to $37.82.

Sprint Nextel Corp. fell 4 cents to $6.54.

Verizon Communications Inc., fell 13 cents to $35.70.

Qwest Communications International Inc., was unchanged at $4.65.

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