Zacks Investment Research | Aug 19, 2021 08:00AM ET
The telecom sector continues to witness increasing digitization and virtual mode of communication amid the pandemic, resulting in rising demand for high-speed Internet connection and stable connectivity. Firms are working toward improvising management of the rise in data traffic. The companies are also preparing their fiber optic networks to support 4G LTE and 5G wireless standards as well as wireline connections. Going on, the introduction of 5G smartphones is likely to encourage telecom operators to make 5G network more pervasive.
Players in the sector are trying to redefine business plans to optimize efficiencies and operations, and to reduce costs while supporting employees and customers with several financial packages.
Let’s take a look at some big telecom earnings releases and see if these can impact ETFs exposed to the space.
On Jul 22, AT&T Inc. Can Google (NASDAQ:GOOGL) ETFs Keep Gaining on Q2 Earnings Optimism? ).
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