The U.S. telecommunications industry is one of the fastest changing industries in the world, as mobile devices have changed the landscape. The high-speed mobile traffic, mostly consisting of the uploading and downloading of high quality pictures and videos by billions of users, has created a rapidly changing space.
Telecom Industry
In order to keep up in the ever-changing industry, where the barrier to entry is massive, the largest companies have only gotten larger and more powerful. In order to expand and produce high-speed networks, billions of dollars are needed to cover these capital expenditures.
Only a few companies within the industry have or are even capable of raising such large amounts of capital. As these massive companies begin to spread high-speed wireless Internet around the globe, their margins will only expand.
Industry Confidence Booster
A favorable vote of confidence for the industry came from Goldman Sachs economist David Kostin last week. Kostin explained that he believes the S&P 500 will increase earnings by 2 percent this year, while the Nasdaq 100 is ...
/www.benzinga.com/etfs/sector-etfs/15/04/5384167/telecom-etfs-gaining-attention alt=Telecom ETFs Gaining Attention>Full story available on Benzinga.com
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