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Trend

Telecommunications

Telecom companies built and operate the wireless and broadband networks that connect billions of people. They are regulated, capital-intensive, and highly defensive — people pay their phone bills even in recessions. Known for high and reliable dividends.

11
companies
10
pure play
1
indirect exposure
Pure Play
Core business is this trend
TMUSTMUS
TMUS
T-Mobile
Pure Play

The fastest-growing major US carrier after its Sprint merger. Leads the industry in 5G coverage and customer satisfaction. Has taken subscribers from AT&T and Verizon by offering better value. The most dynamic of the three major US carriers.

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VZVZ
VZ
Verizon
Pure Play

One of the two legacy US telecom giants. Owns the most reliable network in the US and serves 150M+ wireless subscribers. Pays one of the highest dividends in the S&P 500. Slow growth but highly predictable cash flows.

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TT
T
AT&T
Pure Play

The other legacy US telecom giant. Shed its media assets (Warner Bros.) to focus purely on connectivity. Now investing heavily in fibre broadband. Carries significant debt but generates substantial free cash flow to pay dividends and reduce it.

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QCOMQCOM
QCOM
Qualcomm
Pure Play

Scores 9/10 for 5G.

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NETNET
NET
Cloudflare
Pure Play

Scores 9/10 for Edge Computing.

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CMCSACMCSA
CMCSA
Comcast
Pure Play

Scores 9/10 for Broadband Internet. Also relevant to 5G Networks.

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SWKSSWKS
SWKS
Skyworks
Pure Play

Scores 9/10 for 5G Networks.

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CHTRCHTR
CHTR
Charter Communications
Pure Play

Scores 9/10 for Broadband Internet. Also relevant to 5G Networks.

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CCICCI
CCI
Crown Castle
Pure Play

Scores 9/10 for 5G Networks. Also relevant to Wireless Infrastructure.

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KEYSKEYS
KEYS
Keysight Technologies
Pure Play

Scores 9/10 for 5G Networks.

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