Qualcomm was expecting a ‘mid-single-digit percentage’ decline in phone sales, but given the uncertain macroeconomic environment, it’s now expecting a ‘low double-digit percentage’ decline.

Telephone and Data Systems (NYSE:TDS) rose 5/8% and US Cellular (NYSE:USM) gained 3.3% after T-Mobile US (NASDAQ:TMUS) said it's looking at the US Cellular sales process on its conference call on ...