Telecoms took a hit as investors fled from risky assets in the Communications Services Roundup. The industry saw a decline as uncertainty led to a flight from risk. This shift in the market affected telecom companies, causing their stocks to fall. The impact of this change was felt across the sector as investors sought safer investments. The trend of moving away from risky assets impacted telecoms significantly, highlighting the importance of risk management in the industry. As the market continues to evolve, telecom companies will need to adapt to these changes in order to remain competitive.