Shares of telecommunications companies ticked up in anticipation of further deal activity.

T-Mobile US said it's acquiring a streaming-video startup called Layer3 TV and will launch its own paid-television service, becoming the latest carrier to jump into the increasingly crowded online-video market.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

December 13, 2017 16:29 ET (21:29 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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