The global telecom services industry is proving to be a stable and profitable sector that is holding up well in today’s market environment. According to Grandview Research, the industry is expected to grow at a CAGR of 5.4% through 2028. This is a positive trend that investors should take note of.
Blue-chip telecom stocks such as Verizon (NYSE:VZ), AT&T (NYSE:T), and T-Mobile (NASDAQ:TMUS) provide stability to stock portfolios and consistent dividends to weather ongoing market volatility.
Investing in a basket of telecom stocks is a strong measure against a potential bear market. Furthermore, emerging telecom companies like iQSTEL (OTC:IQST) are worth considering, given the company’s acquisition of enterprise telecom services provider WHISL and SmartBiz. iQSTEL is eyeing an imminent uplisting to the NASDAQ exchange, which could make it a compelling investment opportunity along with the more stable names in the industry. iQSTEL’s telecom division is rapidly expanding and serving customers globally.
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