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Closing Glance: Telecom Services

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May 6, 2008

NEW YORK—Telecom service providers lacked direction Tuesday, although quarterly results from Qwest and low-cost wireless carrier MetroPCS seemed to disappoint investors.

Sprint, meanwhile, added to Monday's gains amid reports that Deutsche Telekom AG may be interested in buying it, and that Sprint was considering a spinoff of Nextel.

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

AT&T Inc. fell 29 cents to $39.56.

Sprint Nextel Corp. rose 47 cents, or 5.4 percent, to $9.19.

Verizon Communications Inc. lost a penny to $38.89.

Qwest Communications International Inc. fell 32 cents, or 6 percent, to $5.04.

MetroPCS Communications Inc. fell 88 cents, or 4.4 percent, to $19.14.

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