(Bloomberg) -- European telecommunications stocks
rose, led by Deutsche Telekom AG on speculation the region's
largest phone company may spin off its U.S. business.
Deutsche Telekom gained the most in four months. Tele2 AB
rallied to a four-week high as Morgan Stanley said the Swedish
telecommunications provider was the ``best restructuring
story.'' STMicroelectronics NV climbed on plans to form a
company with Intel Corp.
Read more at Bloomberg Stocks News
rose, led by Deutsche Telekom AG on speculation the region's
largest phone company may spin off its U.S. business.
Deutsche Telekom gained the most in four months. Tele2 AB
rallied to a four-week high as Morgan Stanley said the Swedish
telecommunications provider was the ``best restructuring
story.'' STMicroelectronics NV climbed on plans to form a
company with Intel Corp.
Read more at Bloomberg Stocks News
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