3 Communication Stocks Set to Sail Against Industry Turbulence
SCMWYSwisscom(SCMWY) Zacks Investment Research·2024-01-30 23:41

The Zacks Diversified Communication Services industry appears to be mired in high capital expenditures for 5G infrastructure upgrades, unpredictable raw material prices, supply-chain disruptions amid the prolonged Russia-Ukraine war and Israel-Hamas conflict, China’s soft market conditions and high customer inventory levels. However, the industry is likely to benefit in the long run from an accelerated 5G rollout and increased fiber densification. Nevertheless, Swisscom AG (SCMWY) , PT Telekom Indonesia (TL ...