3 Wireless Stocks Likely to Profit From Healthy Demand Trends
GOGOGogo(GOGO) ZACKS·2024-07-08 21:05

The Zacks Wireless National industry is likely to benefit from healthy demand trends with an accelerated 5G rollout and increased fiber densification, helping bridge the digital divide with seamless connectivity. However, high capital expenditures for infrastructure upgrades, margin erosion, inflationary pressures, supply-chain disruptions albeit at a diminishing pace and high customer inventory levels have dented the industry’s profitability.Nevertheless, T-Mobile US Inc. (TMUS) , AT&T Inc. (T) and Gogo In ...