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Stock impact report

3 Wireless Non-US Stocks Set to Gain From Positive Industry Vibes [Yahoo! Finance]

Orange (ORAN) 
Company Research Source: Yahoo! Finance
The Zacks Wireless Non-US industry appears well poised to benefit from healthy demand trends stemming from the increasing user propensity to stay connected in this digital age. However, high capital expenditures for infrastructure upgrades, margin erosion, supply-chain disruptions due to geopolitical conflicts and high customer inventory levels have dented the industry's profitability. Nevertheless, Orange S.A. ORAN, SK Telecom Co., Ltd. SKM and KT Corporation KT are likely to gain from significant long-term growth opportunities across the industry and rising demand for scalable infrastructure for seamless wireless and fiber connectivity, with the wide proliferation of IoT and accelerated 5G deployment. Industry Description The Zacks Wireless Non-US industry comprises mobile telecommunications and broadband service providers based on foreign shores. These companies primarily offer voice services, including local, domestic and international calls, roaming services and prepaid an Show less Read more
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