3 Telecom Stocks Likely to Outpace Q3 Earnings Estimates
Arista(ANET) ZACKS·2024-10-28 21:30
With a fast-track 5G rollout and increased fiber densification, driven by a rising user propensity to stay abreast of the latest digital innovations, telecom stocks witnessed healthy demand trends in the third quarter of 2024. Despite price volatility due to elevated customer inventory levels, high capital expenditures for infrastructure upgrades, margin erosion, geopolitical conflicts and raging wars, the industry seemed to benefit from higher demand for scalable infrastructure for seamless connectivity am ...