RE:RE:RE:RE:TI disagree on that because if they had taken more conservative approach to managing the company the Share price wouldn't have tanked. In fact it would have gone up. This is direct mismangement.
Cell phone use has only increased exponentially with Tik Tok and the likes of application software. Seeing my oldest son adapt to it as an early teen shows me that this technology is being inbreeded into them. All kids have it now such that they had to have a rule of no cell phones during school hours. My kid started an interest in football and now knows all the teams and all the players as well as college in record time. The information super highway is in his hand and everyone has one. I have seen homeless people with cell phones. Microsoft is the number one most valued company on the planet which is a direct link to telecommincations.
COVID has significantly increase working from home Where i work it was less than 10 percent work from home and now its over 90%! Where i work has over 30,000 workers. Massive change in 4 years. I have Telus Fibre optic. I barely go to the movies anymore. Why. Netflix and Prime has more than i have time to watch. Look at Cinema stocks. They haven't recovered since COVID and i doubt they will as who can pay 100 for a family movie when i can pay a fraction of the costs and sit at home.
I work in IT and prior to COVID there were whole sections that didn't exist where i work. Now those sections have increased 50 times fold and will only keep growing.
So when you say Telecom section is going the way of the Yellow pages i have no idea what you are talking about.