That brexit both. We are in mix territory right now. The nasdaq looking into negative territory in the last hour or so. The dow and the s p paring earlier gains. The dow have been as high as 60 point tower, now up by 19 points. This is a range bound trading kind of day. S ps 10look at the sectors, even though it is range bound, seven out of 10 are in the green, telecommunications of the most by 1 . Health Care Consumer discretionary, and materials are the laggards. Withials seeing a selloff global Commodity Prices for the most part sliding. Take a look at what is happening with telecommunications being the biggest leader. It is happening because of sprint, up 7. 5 right now. This is a three and a half month high we are talking about. They say they are looking to raise funds by securitizing the rights to mobile phone frequencies. Under the plan, sprint would sell its usage rights to a company and sell those instruments to institutional investors. At t and verizon also getting a bump of
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MetroNet Announces New Investments from Oak Hill Capital and KKR
New Funding will Accelerate Deployment of Fiber-Based High Speed Broadband Networks to Communities Across the U.S.
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EVANSVILLE, Ind., April 21, 2021 /PRNewswire/ MetroNet today announced that funds managed by leading global investment firm KKR will be joining long-time partner, Oak Hill Capital, and management as investors in MetroNet. As part of the transaction, Oak Hill and KKR will each make new investments to help accelerate MetroNet s growth in building and connecting fiber-to-the-premise (FTTP) data, television, and telephone services to homes and businesses. This year, MetroNet launched services in its 9