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Telecom shares slumped today on renewed concerns about a price war for wireless services heading into 2015. Sprint Corp. (NYSE: S) announced yesterday it would cut monthly service costs to users who switch from rivals Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T). Similar offers have been provided by T-Mobile U.S. Inc. (NYSE: TMUS) in the past, weighing down the sector. Verizon shares fell more than 1.8%, while AT&T slipped 2.2%.