Despite the telecom sector’s strong performance this year since mid-April, as indicated by the S&P Telecom Select Industry Index, its growth rate remains lower than the broader market, represented by the S&P 500. The telecom sector has added about 2.49% year to date, as compared to the S&P 500’s 13.2% gain.However, the sector’s outlook remains optimistic, driven by optimistic AI forecasts and the rising market expectations of an interest rate cut in September. Both AT&T and Verizon Communications Inc. repor ...