1.   Telecom shares such as Korea Mobile Telecom rose on optimism that increasing use of cellular phones will boost profits.

2.   Telephone shares, though, had been rising for much of the day, largely on investor expectations that telecom shares had become cheap relative to projected earnings.

3.   Telecom shares dropped on Friday after Cascade Communications Corp., another telecom equipment maker, reported slower revenue growth along with surprisingly strong earnings.

4.   Telecom shares rose, as foreign brokers including SBC Warburg and Merrill Lynch bid up shares of long distance carrier DDI Corp, traders said.

5.   Telecom shares rose, as foreign brokers including SBC Warburg and Merrill Lynch bid up shares of long distance carrier DDI Corp., traders said.

6.   Telecom shares were mixed after MCI Communications Corp. agreed to be acquired by British Telecommunications plc.

7.   That could leave fewer investors willing to buy telecom shares.

8.   Telecom savings shares surged and common shares tumbled after the statement.

9.   U.S. stocks are expected to open mixed as rising telecom shares offset a sluggish overall market one day before U.S. congressional elections.

10.   Venezuelan stocks closed mixed gains by construction and telecom shares were offset by concerns that a three-week rally left many shares overvalued in relation to future earnings.