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Stock impact report

Zacks Industry Outlook Highlights SK Telecom, KT and Ceragon [Yahoo! Finance]

SK Telecom Co., Ltd. (SKM) 
Company Research Source: Yahoo! Finance
Industry: Wireless - International Link: https://www.zacks.com/commentary/2292206/3-wireless-non-us-stocks-to-buy-despite-industry-challenges The Zacks Wireless Non-US industry appears to be mired in high capital expenditure for infrastructure upgrades, margin erosion, supply-chain disruptions due to geopolitical conflicts, raging wars and high customer inventory levels. However, healthy demand trends stemming from the increasing propensity to stay connected in this digital age should benefit the industry in the long run. SK Telecom Co., Ltd. KT Corp. and Ceragon Networks Ltd. are likely to capitalize on the rising demand for scalable infrastructure for seamless connectivity of wireless and fiber networks, 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 Show less Read more
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