Sector movers: BT and Dixons Carphone drag telecoms lower

Telecoms stocks were among the worst performers in London on Friday with BT Group and newly-merged Dixons Carphone trading in the red.BT was 1.5% lower on reports that the company will have to wait until next month before a court will give its verdict on its long-running battle with BSkyB over wholesale access to the Sky Sports channels.BT has taken its rival to court in an attempt to provide Sky Sports channels for its YouView TV service, saying that BSkyB is abusing its market power. The delays - with the Competition Appeal Tribunal now in recess - mean that BT won't receive a decision until at least September.Meanwhile, Dixons Carphone was nearly 5% down as the stock continued to fall on its second day of trading in London. The £3.6bn tie-up of Dixons Retail and Carphone Warehouse aims to have a "leading position across electricals, mobiles and connectivity".Speaking on Thursday, chief executive Sebastien James said the new company was "off to a flying start" with the opening of its five seven combined shops.Other telecom stocks were also unwanted on Friday, including Cable & Wireless Communications, Avanti Communications, Vodafone and Monitise.Top performing sectors so far todayTechnology Hardware & Equipment 1,057.69 +2.34%Industrial Transportation 2,725.69 +1.85%Food & Drug Retailers 3,287.45 +1.42%Industrial Metals & Mining 1,206.53 +1.10%Automobiles & Parts 8,073.34 +0.88%Bottom performing sectors so far todayMobile Telecommunications 4,354.68 -1.48%Beverages 13,276.31 -1.32%Household Goods & Home Construction 11,331.85 -1.07%Fixed Line Telecommunications 4,302.98 -1.01%Food Producers & Processors 7,386.92 -0.96%BC