|Bid||9.40 x 4000|
|Ask||9.50 x 1300|
|Day's Range||9.43 - 9.57|
|52 Week Range||8.93 - 12.65|
|Beta (5Y Monthly)||0.56|
|PE Ratio (TTM)||2.12|
|Forward Dividend & Yield||0.98 (10.31%)|
|Ex-Dividend Date||Jun 08, 2023|
|1y Target Est||13.93|
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Some investors are dialing up their bets on large European telecommunications companies, but shares are struggling to recover previous highs amid a challenging near-term industry outlook due to muted top-line growth, stiff competition and heavy investments.
While the stock market has been pretty solid in 2023, it’s been a mixed bag for telecom stocks. Some of the major exchange-traded funds that track telecom stocks are even in the red, so you know there are plenty of telecom stocks to sell. Many telecom stocks are seeing losses after some reported issues with legacy telecom companies that possibly are facing liabilities from network cables that reportedly contain lead materials. Some telecom companies are also facing a big debt load from the rollo
Telecommunications firm AST SpaceMobile has achieved a significant milestone by successfully establishing the first-ever 5G connection for voice and data between a conventional smartphone and a satellite in space. The connection was made using a Samsung (KS:005930) Galaxy S22 smartphone and AT&T (NYSE:T) spectrum, in conjunction with AST SpaceMobile's BlueWalker 3 (BW3) test satellite.