Our Outlook for the Telecom Sector
Looking into foreign-based companies has the potential to pay off.
As a telecommunication analyst, it makes sense to look at a company's macroeconomic backdrop from time to time. After all, the telecom business is driven by consumer spending, which is a function of disposable income, which of course is driven by the health of the underlying economy. Factors such as inflation, changes in real wages, unemployment, consumer confidence, and GDP growth can have a real impact on not only the operating performance of a telecom company, but the overall interest from the investment community.
Imari Love does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.