16 Best Telecom Stocks That Need Your Attention

This year the telecom services industry is preparing for some of the biggest technological advancements industry has seen in years. Technologies such as the Internet of things (IoT) and 5G technologies will completely change the shape of the telecom industry and has brought innovation on a massive scale.

5G which is the recent technology has the ability to provide the users with greater speed to move more data, reduce delay time for shorter load times, and increases the ability to connect more devices at once. Likewise, the IoT comprised of a network of connected devices, able to communicate with each other, and which can be controlled and monitored remotely. These all-new technologies will completely change the telecom industry.

Let see the 16 top telecom services companies and see how they are providing the unique and frictionless experience to their customers:

AT&T Inc. (NYSE: T)

AT&T Inc. (NYSE: T) shares were trading down -0.67% at $28.13 at the time of writing on Monday. AT&T Inc. (NYSE: T) share price went from a low point around $26.08 to briefly over $39.70 in the past 52 weeks, though shares have since pulled back to $28.13. T market cap has remained high, hitting $202.48B at the time of writing, giving it a price-to-sales ratio of more than 1.

AT&T Inc. (T) announced earlier that its CEO John Stankey will be the starting speaker of the WSJ Tech Live conference on October 19, 2020. The presentation will be held virtually and is scheduled to begin at 12:05 p.m. ET. If we look at the recent analyst rating T, KeyBanc Capital Markets downgraded coverage on T shares with an Underweight rating and a $32.02 price target, which implies room for 3.89% upside momentum this year.

Verizon Communications Inc. (NYSE: VZ)

Verizon Communications Inc. (NYSE: VZ) last closed at $59.55, in a 52-week range of $48.84 to $62.22. Analysts have a consensus price target of $61.17. Verizon Communications Inc. (VZ) has earlier announced that it is planning to bring music back with an all-female lineup of events exclusively for members of Verizon Up, the award-winning customer loyalty program. Beginning October 20, through the end of December, artists including Maren Morris, Brittany Howard, Brandi Carlile, Jessie Reyez, Kelsea Ballerini, KAROL G, Maggie Rogers and Chloe x Halle will perform live.

Lumen Technologies Inc. (NYSE: LUMN)

Lumen Technologies Inc. (NYSE: LUMN) stock drop by -0.79% to $10.03. Lumen Technologies Inc. (LUMN) has revealed that it has expanded its Cisco Hosted Collaboration Solution (HCS) to Europe, the Middle EastAsia and Pacific regions, providing customers with simplified IP-based voice, video, and messaging services. LUMN market cap has remained high, hitting $11.03 Billion at the time of writing.

Zoom Video Communications Inc. (NASDAQ: ZM)

Zoom Video Communications Inc. (NASDAQ: ZM) Shares headed falling, lower as much as -0.18% after Zoom Video Communications To Hold Financial Analyst Meeting During Zoomtopia. The most recent rating by Mizuho, on October 09, 2020, is at a Buy. Zoom Video Communications Inc. (ZM) has market capitalization of 135.87 billion at the time of writing.

T-Mobile US Inc. (NASDAQ: TMUS)

T-Mobile US Inc. (NASDAQ: TMUS) rose 2.42% after gaining more than $2.84 on Monday. Not the Onion: T-Mobile Unveils a Betty Crocker Layer Cake. T-Mobile US Inc. (TMUS) has disclosed the Supercharged 5G Un-carrier Layer Cake to celebrate the Un-carrier’s revolutionary ‘layer cake’ approach to 5G and all its 5G momentum.

Altice USA Inc. (NYSE: ATUS)

Altice USA Inc. (NYSE: ATUS) last closed at $27.92, in a 52-week range of $15.95 to $31.78. Analysts have a consensus price target of $35.22. Altice USA Inc. (ATUS) has announced that it is scheduled to host conference call on Thursday , October 29, 2020. This company has traded up 74.99% from its 52-weeks low and moved down -12.15% from its 52-weeks high.

VEON Ltd. (NASDAQ:VEON)

VEON Ltd. (NASDAQ:VEON) Shares headed rising, higher as much as 2.94%. The most recent rating by Morgan Stanley, on October 06, 2020, is at an Overweight. VEON Ltd. (VEON) has earlier announced that its partner in Pakistan, the Dhabi Group, has exercised its put option to sell VEON its 15% shareholding in PMCL, the operating company of Pakistan’s leading mobile operator, Jazz.

Vonage Holdings Corp. (NASDAQ:VG)

Vonage Holdings Corp. (NASDAQ:VG) rose 4.14% after gaining more than $0.44 on Monday. Vonage Holdings Corp. (VG)  has been earlier chosen as a supplier on Crown Commercial Service’s (CCS) G-Cloud framework, for its Vonage Business Communications and Vonage Contact Center solutions.

Vodafone Group Plc (VOD)

Vodafone Group Plc (VOD) last closed at $14.77, in a 52-week range of $11.46 to $21.72. Analysts have a consensus price target of $22.13. Vodafone Group Plc (VOD) revealed erlier it had won an international arbitration case against the Indian government, ending one of the most high-profile disputes in the country involving a $2 billion tax claim.

GCI Liberty Inc. (NASDAQ:GLIBA)

GCI Liberty Inc. (NASDAQ:GLIBA) shares headed rising, higher as much as 2.03% after Halper Sadeh LLP Continues to Investigate the Following Companies; Investors are Encouraged to Contact the Firm – MYOK, EIDX, GLIBA, MR. The most recent rating by The Benchmark Company, on February 26, 2020, is at a Buy.

Telefonica S.A. (TEF)

Telefonica S.A. (TEF) stock drop by -2.33% to $3.77. The most recent rating by Credit Suisse, on July 02, 2020, is at a Neutral. Telefonica S.A. (TEF) is in the final stages of negotiating a roughly 5 billion euros ($5.9 billion) deal to build a fibre-optic network in Germany.

Pareteum Corporation (NASDAQ:TEUM)

Pareteum Corporation (NASDAQ:TEUM) Shares headed falling, lower as much as -15.27%. The most recent rating by Oppenheimer, on October 22, 2019, is at a Perform. Pareteum Corporation (TEUM) has revealed earlier that it has partnered with Strattner Technologies LLC, a subsidiary of Strattner Financial Group (OTC: SCNG), to launch the Strattner Voice brand, a GSM cellular network complementing its satellite communications network Strattner.Space.

Liberty Latin America Ltd. (NASDAQ:LILAK)

Liberty Latin America Ltd. (NASDAQ:LILAK) fall 0.00% after losing more than $0.0 on Monday. Liberty Latin America Ltd. (LILAK) earlier announced the final results of its rights offering, which was fully subscribed and expired in accordance with its terms at 5:00 p.m., New York City time, on September 25, 2020.

Gogo Inc. (NASDAQ: GOGO)

Gogo Inc. (NASDAQ: GOGO) stock drop by -8.99% to $10.02. The most recent rating by Cowen, on September 09, 2020, is at a Market perform. Gogo Inc. (GOGO) has traded up 653.38% from its 52-weeks low and moved down -13.62% from its 52-weeks high. Looking at its profitability its has a return on assets of -18.20%, return on equity of 47.00%, and return on investment of -3.20%.

America Movil S.A.B. de C.V. (NYSE: AMX)

America Movil S.A.B. de C.V. (NYSE: AMX) last closed at $12.81, in a 52-week range of $10.12 to $18.03. Analysts have a consensus price target of $16.66. America Movil S.A.B. de C.V. (AMX) has total market capitalization of $41.63 at the time of writing.

Mobile TeleSystems Public Joint Stock Company (MBT)

Mobile TeleSystems Public Joint Stock Company (MBT) stock drop by -0.23% to $8.52. The most recent rating by Goldman, on March 20, 2020, is at a Buy. Mobile TeleSystems Public Joint Stock Company (MBT) market has remained high, hitting $8.65 billion at the time of writing.

 

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