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- 1 The telecommunication companies in the US are one of the highest earners.
- 2 These companies emerge as a lucrative investment option for most traders as well.
- 3 Experts are recommending their best picks from the industry on the basis of analysis.
The age of digitization certainly favors internet-based communication channels. But that does not mean the end of telecommunications. In fact, it would most probably evolve and become more far-reaching. Moreover, the telcos are heavily investing in the internet as well. Thus, investments in telecom firms will certainly bear profits for a very long time. Especially when you choose companies from the US where so many such companies exist.
The United States is the home to a large number of telecom firms. Together, these companies command a high market cap and are worth billions. Hence, investing in these firms is lucrative in so many ways. They can produce profits and benefits for long as well as short terms. All these factors make choosing these companies an important step. Fortunately, experts share their recommendations that make the investors’ jobs easier.
US Telecom Stocks Worth Considering
These companies have extensive operations backed by cutting-edge technology. They have impressed traders with consistent returns.
Verizon Communications Inc. (NYSE: VZ)
Founded in 1984, Verizon is the second-largest wireless carrier in the US. By the end of Q2 2023, it had 143.3 million subscribers. The company also provides peripherals for mobiles and PCs. Headquartered in Delaware, it emerged out of the breakup of the Bell companies.
T-Mobile US Inc. (Nasdaq: TMUS)
Having bases in multiple locations, T-Mobile is the third-largest wireless carrier in the US. Furthermore, it owns the highest stakeholder in the Deutsche Telekom AG. Founded in 1994, it has 116.7 million active subscribers. Originally, it was called VoiceStream Wireless which was changed after acquiring Deutsche Telekom.
AT&T Inc. (NYSE: T)
The Texas-based company is the largest wireless carrier in the United States. Also, it is the world’s third-largest telco in terms of revenue. Till 2023, it maintained a valuation of $120.7 billion and held 13th rank in the Fortune 500 list. It’s one of those companies that consistently grow and get bigger.
Liberty Media (NASDAQ: BATRA)
It’s a mass media company with three separate divisions. It has stakes in the Atlanta Braves Major League, Formula One, and SiriusXM. Founded in 1991, Liberty began as a cable television group. Moving ahead, it acquired 49% ownership in the Faith & Values Channel (now Hallmark Channel).
Iridium Communications Inc. (NASDAQ: IRDM)
Iridium manages an ecosystem of 75 satellites. They‘re used for voice and data communication, satellite messenger communication, integrated transceivers, and two-way satellite messaging services. The company provides services globally via inter-satellite links. Based in Virginia, it started operations on 1 November 1988. It has performed exceptionally well in the markets lately.
Conclusion
By investing in Telecom stocks, one can strengthen their portfolios. These are companies that always strive to be the frontrunners in the industry. With a number of mergers and acquisitions, they maximize their chances of success too. At the same time, they also invest in promising startups in the hope of good returns. So yeah, investing in telcos certainly makes sense and is fruitful for everyone. The list mentioned above will certainly give a better idea of the companies in this domain.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
